Many alumni and friends of Wayland Academy, as a vote of confidence in the Academy's mission and belief in the importance of Wayland’s continued educational excellence, have pledged all or part of their personal estate to Wayland. Thanks to the financial support and bequests of these dedicated individuals to increase the Academy’s endowment, are helping to provide in perpetuity for future generations of Academy students.
Use the sample language below, in consultation with your personal attorney, in your will, codicil, or trust.
“I give and bequeath ____ % (or a specific dollar amount or describe specific personal property being given) to Wayland Academy, Beaver Dam, Wisconsin. I request that the total bequest be used in such a manner as the Academy's Board of Trustees shall, in its sole discretion, determine.”
“I bequeath ____ % (or a specific dollar amount or describe specific personal property being given) to Wayland Academy, Beaver Dam, Wisconsin, for the purpose of establishing (state the restricted purpose of how the bequest should be used & i.e. scholarship endowment, building endowment, faculty chair endowment, etc.).”
“I devise and bequeath the entire residue of the property owned by me at my death, real and personal, whatever situate, to Wayland Academy, Beaver Dam, Wisconsin, for its general purposes.”
Wayland Academy thanks you for your consideration of including the Academy in your estate plans. We hope these samples are helpful to you and your advisors. If you are considering a restricted bequest, Wayland strongly encourages you to discuss the details of your intentions with a senior member of the Academy’s administration to assure the maximum effectiveness of your bequest. In conclusion, make sure you discuss any questions or concerns you may have with your attorney, accountant, or financial planner.