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You want to leave money to Oxfam America in your will. You also want the flexibility to change your will in the event that life circumstances change. You can do both.
In as little as one sentence, you can complete your gift. This type of donation to Oxfam America in your will or living trust helps ensure that we continue our mission for years to come.
- To leave most of your funds to loves ones, name Oxfam the beneficiary of a specific amount or percentage of your estate.
- To leave Oxfam what’s left after loves ones are provided for, use a residuary bequest.
- To leave your estate to family and friends, unless you outlive one of your beneficiaries, use a contingent bequest. This type of bequest is often used by spouses who stipulate that if the other spouse is not living, then the bequest specified for that spouse will go to Oxfam.
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An Example of How It Works
With three minor children, Andrew and Amy knew that it was time to create an estate plan for their family. They found that the estate planning process helped them reflect on the people and nonprofits that were important to them and the legacy they would like to leave. They learned how easy and flexible it can be to include one sentence to make a gift to Oxfam America for a percentage of their estate or a specific dollar amount.
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