A bequest is easy – simply remembering the Tabernacle in your will – a lasting testimony of your commitment while donating resources when you no longer need them, resources that might otherwise disappear to taxes.
Any asset may become a bequest — money, real property, securities, insurance policies, or anything else of value, including retirement plans (IRAs, pensions, etc. – bequests that have extra tax advantages). Here are examples of wording used by donors to the Lake Legacy Society. You should consult with your attorney regarding your specific situation.
Specific Bequest: “I give [specific dollar amount or specific named items or property] to the Ocean City Tabernacle, presently located at 550 Wesley Avenue, Ocean City, NJ, 08226.” Some donors also mention the gift’s intended use: “for the Building Fund” or “for the Endowment.”
Residuary Bequest: “I give [specific percentage or ‘the balance’] to the Ocean City Tabernacle, presently located at 550 Wesley Avenue, Ocean City, NJ, 08226.”