Model Bequest Language
Your will is an excellent way to make a gift to SouthernNazarene University, and you many wish to include SNU in your will. TheUniversity welcomes all bequests, regardless how small or large. The value of abequest to SNU is deductible for estate tax purposes, and there is no limit onthe amount of the deduction.
For your convenience as you visit your attorney, the followingforms are suggested:
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"I give, devise and bequeath to Southern Nazarene University, a non-profit educational corporation, located at 6729 NW 39th Expressway, Bethany, Oklahoma 73008, the sum of $XXX." or
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"I give, devise and bequeath to Southern Nazarene University, a non-profit educational corporation, located at 6729 NW 39th Expressway, Bethany, OK 73008, XX percent of my estate." or
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"I give, devise and bequeath to Southern Nazarene University, a non-profit educational corporation, located at 6729 NW 39th Expressway, Bethany, OK 73008, all my right, title and interest in the following described property." or
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"I give, devise and bequeath to Southern Nazarene University, a non-profit educational corporation, located at 6729 NW 39th Expressway, Bethany, OK 73008, all the rest, residue and remainder of my estate."
Life Insurance & Retirement Plans
You may wish to consider naming Southern Nazarene University asowner/beneficiary of a life insurance policy or beneficiary of a portion of yourretirement plans assets. If so, the legal name for SNU is "Southern NazareneUniversity, Bethany, Oklahoma."