You can make your bequest in several ways:
A bequest can provide a specific dollar amount or asset to Bob Jones University, or it can give a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. It can also be payable if an individual beneficiary is not able to inherit.
"I bequeath Twenty Thousand ($20,000) Dollars [or: all my General Motors stock] to Bob Jones University located in Greenville, South Carolina."
"I bequeath Ten Percent (10%) of the residue of my estate to Bob Jones University, located in Greenville, South Carolina."
"If ______ does not survive me or is unable to inherit this bequest, I direct that it be paid to Bob Jones University, located in Greenville, South Carolina."
Your bequest can be used in two ways:
A bequest can be directed to a specific program or purpose at Bob Jones University, or you can apply it to our general resources or use it for the need that we believe is most pressing at the time it is received. So that it can be most useful, we prefer that the terms of a bequest be as general as possible.