Since our founding in 1907, Riverdale has been committed to excellence. By including Riverdale in your will, you help secure the school’s esteemed future. There are several ways to do this, listed below.
You may choose to give a specific dollar amount or a specific asset to Riverdale. To do so, the following language may be useful:
I give _______ (state specific dollar amount or describe specific securities/property to be bequeathed) to Riverdale Country School, 5250 Fieldston Road, Bronx, NY 10471, for its general purposes.
Designating a percentage of your estate:
By designating a percentage of your estate, you ensure that Riverdale will receive the same relative portion of your assets, regardless of changes in the actual value. A percentage or the remainder of your estate can be given to Riverdale after other specific bequests by using the following language:
I give all (or ___%) of the remainder of my estate, whether real or personal, to Riverdale Country School, 5250 Fieldston Road, Bronx, NY 10471, for its general purposes.
Designating Riverdale as an alternate beneficiary:
In the event that a primary beneficiary does not survive you, it is possible to designate a contingent or alternate beneficiary. To name the school as such, please use the following language:
In the event that ______ (name of primary beneficiary/ies) should not survive me, I give ___________ (state desired sum, property, or percentage of your estate) to Riverdale Country School, 5250 Fieldston Road, Bronx, NY 10471, for its general purposes.
Adding a codicil to your will:
If your existing will meets your needs, but you would like to make an additional bequest to Riverdale, you may add a codicil. A codicil requires the signature of witnesses and the donor, as well as the date, and should be prepared professionally. You may use the any of the above wording (as appropriate) to make a bequest or contingent bequest of a specific dollar amount, asset, or percentage of your estate or its remainder.
Please note: In all instances, you should consult a lawyer or financial adviser before preparing legal documents. If you would like to use your planned gift for a restricted purpose, please contact Ann Grasing at (718) 519-2786 or email@example.com for more information.