Wills and Bequests

For a homeless young person without a family, there is no such thing as an inheritance… no nest egg passed from generation to generation. But through your legacy, our kids will know that someone remembered them… and did plan for their future by funding programs that will keep them off the streets for good.

Making a gift through your will is an excellent choice if you want to have a lasting impact on the lives of homeless kids long after you are gone but wish to maintain liquidity and use of your assets during your lifetime. And the full amount of your gift is deductible from your taxable estate.

A bequest can be unrestricted, enabling Covenant House New Jersey to direct your funds where the future need is greatest, or restricted to a particular program or Covenant House New Jersey location.

The following language may be helpful:

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Example of unrestricted bequest language:

I give (insert dollar amount, property to be given, the percentage of the estate, or “the remainder of my estate”) to Covenant House New Jersey, a nonprofit corporation, Taxpayer Identification Number 13-3537710, headquartered at 330 Washington Street, Newark, NJ 07102, for its general use and purposes.

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Example of restricted bequest language:

I give (insert dollar amount, property to be given, percentage of the estate, or “the remainder of my estate”) to Covenant House New Jersey, a nonprofit corporation, Taxpayer Identification Number 13-3537710, headquartered at 330 Washington Street, Newark, NJ 07102, and it is to be used specifically for [insert designated program or location].

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If you include Covenant House New Jersey and our kids in your will, please let us know so that we can thank you appropriately.

Our booklet “Thoughtful Ways to Remember Our Kids” is available to assist you and your advisors in determining what would be best for you. For a copy of this booklet or additional information, please contact Sue Monteiro, smonteiro@covenanthouse.org | 908-377-9481.

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