Dallas Texas Disposición en fideicomiso testamentario con legado a la caridad para un propósito caritativo declarado - Provision in Testamentary Trust with Bequest to Charity for a Stated Charitable Purpose

• Category: Fideicomisos - Benéficos
• State: Multi-State
• County: Dallas
• Control #: US-0658BG
• Format: Word

Description

This form is a sample provision in a testamentary trust with a bequest to charity for a stated charitable purpose. Dallas Texas Provision in Testamentary Trust with Bequest to Charity for a Stated Charitable Purpose A Dallas Texas provision in a testamentary trust represents a specific provision that can be included in a trust document to benefit charitable organizations in the Dallas, Texas area. This provision ensures that a certain portion of the trust assets or income will be allocated towards charitable purposes as outlined by the donor. When creating a testamentary trust, individuals can choose to include a bequest to a charitable organization in Dallas, Texas that aligns with their philanthropic interests. This bequest can be in the form of a fixed dollar amount, a percentage of the trust assets, or a specific piece of property. It is crucial for the donor to clearly state their intentions and specify the charitable purpose for which the bequest is intended. The stated charitable purpose can vary depending on the donor's preferences and the organization involved. Common examples of charitable purposes could include funding education scholarships, supporting medical research, promoting the arts, providing assistance to low-income individuals, or aiding environmental conservation efforts in the Dallas, Texas community. There are different types of Dallas Texas provisions in testamentary trusts with bequests to charity for stated charitable purposes, including: 1. Fixed Bequest: This provision entails a specific dollar amount or ownership of a particular asset that is provided to the charitable organization. 2. Residuary Bequest: This provision involves assigning a percentage or the remainder of the trust assets to a charitable organization after other specific bequests are fulfilled. 3. Charitable Lead Trust: This type of provision allows the trust to provide income or assets to a charitable organization for a certain period of time. After that period, the remaining trust assets are distributed to other designated beneficiaries, such as family members or other non-charitable organizations. 4. Donor-Advised Fund Provision: With this provision, the donor can establish a donor-advised fund within the testamentary trust, allowing their specified charitable purpose to be carried out by the fund. The donor or their designated advisors will have the ability to recommend charities to receive distributions from the fund. Including a Dallas Texas provision in a testamentary trust allows individuals to leave a lasting impact on their chosen charitable cause within the local community. By specifying their charitable intentions and naming the charitable organization, donors can ensure that their philanthropic goals are fulfilled even after their passing.

Dallas Texas Provision in Testamentary Trust with Bequest to Charity for a Stated Charitable Purpose A Dallas Texas provision in a testamentary trust represents a specific provision that can be included in a trust document to benefit charitable organizations in the Dallas, Texas area. This provision ensures that a certain portion of the trust assets or income will be allocated towards charitable purposes as outlined by the donor. When creating a testamentary trust, individuals can choose to include a bequest to a charitable organization in Dallas, Texas that aligns with their philanthropic interests. This bequest can be in the form of a fixed dollar amount, a percentage of the trust assets, or a specific piece of property. It is crucial for the donor to clearly state their intentions and specify the charitable purpose for which the bequest is intended. The stated charitable purpose can vary depending on the donor's preferences and the organization involved. Common examples of charitable purposes could include funding education scholarships, supporting medical research, promoting the arts, providing assistance to low-income individuals, or aiding environmental conservation efforts in the Dallas, Texas community. There are different types of Dallas Texas provisions in testamentary trusts with bequests to charity for stated charitable purposes, including: 1. Fixed Bequest: This provision entails a specific dollar amount or ownership of a particular asset that is provided to the charitable organization. 2. Residuary Bequest: This provision involves assigning a percentage or the remainder of the trust assets to a charitable organization after other specific bequests are fulfilled. 3. Charitable Lead Trust: This type of provision allows the trust to provide income or assets to a charitable organization for a certain period of time. After that period, the remaining trust assets are distributed to other designated beneficiaries, such as family members or other non-charitable organizations. 4. Donor-Advised Fund Provision: With this provision, the donor can establish a donor-advised fund within the testamentary trust, allowing their specified charitable purpose to be carried out by the fund. The donor or their designated advisors will have the ability to recommend charities to receive distributions from the fund. Including a Dallas Texas provision in a testamentary trust allows individuals to leave a lasting impact on their chosen charitable cause within the local community. By specifying their charitable intentions and naming the charitable organization, donors can ensure that their philanthropic goals are fulfilled even after their passing.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.