California Native Plant Society

Estate Planning

Bequests

June Bilisoly, long-term supporter of CNPS, passed away in November 2007 at the age of 77. Active in the Santa Clara Valley Chapter, June promoted local conservation and education activities. She helped to prepare the manuscript of Helen Sharsmith’s Flora of the Mount Hamilton Range of California, published by CNPS. June was also an enthusiastic participant in chapter field trips, including backpacking to Snow Mountain in Mendocino County.

Recognizing the threat of development on rare serpentine endemics—such as the 280 freeway—she and others helped start the Serpentine Protection League, dedicated to saving rare endemics on the San Francisco peninsula.

» Read more about June

A charitable bequest is simply a distribution from your estate to a charitable organization through your last will and testament.

A bequest allows you to make a significant and meaningful gift today, while preserving your assets during your lifetime. It is revocable, so you can change the provisions of your will or trust at any time.

Through your will or revocable trust you can specify that a portion of your assets come to us after your lifetime, and which program you’d like to support (conservation, horticulture, education, plant science) or you may leave it undesignated. Undesignated gifts allow us to direct resources to our top priorities. After your lifetime, the assets will pass to CNPS and will not be included in your estate for federal tax purposes. However, you cannot claim an income tax deduction when you make a bequest because the gift is revocable.

Typically, bequests come from accumulated assets rather than current income. They can be used to reduce or avoid probate. A simple will is often used for estates of $1.5 million or less.

TYPES OF BEQUESTS

  • Specific bequests – You describe exactly what you want to leave to a family member or charity. If you want to leave a specific amount, or specific percentage of your estate, this is the type of bequest to use.
  • Residuary bequest – This is a gift of all the “rest, residue, and remainder” of your estate after all other bequests, debts, and taxes have been paid.
  • Contingency bequest – This type of bequest allows you to leave a portion of your estate to a particular charity if your named beneficiary predeceases you.

We hope you will tell us when you have named CNPS in your will. We would very much like the opportunity to thank you for your generosity.

The more narrowly you restrict the use of your bequest, the greater the risk that the program you want to benefit today won’t be as relevant when we receive your gift in the future. Before making a restricted bequest, please review the page on restricted gifts. To assure that your wishes can be implemented as you desire please contact:

Stacey Flowerdew
CNPS Development Coordinator
(916) 447-2677, ext 204
sflowerdewcnps.org

California Native Plant Society
2707 K Street, Suite 1
Sacramento, CA 94816
Fax: (916) 447-2727

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