Please note: Care Net does not advise on financial or tax matters. Please contact your financial or tax adviser to discuss your options.

Specific Bequest
Involves making a gift of a specific asset such as real estate, an automobile, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Care Net.

Percentage Bequest
Involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Care Net.

Residual Bequest
A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Care Net.

Contingent Bequest
A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave property such as a vacation home to a relative but the bequest language could state that if the relative has preceded the donor in death, the vacation home would go to Care Net.