Planned / Estate Giving
The material presented on our website is not to be construed as legal or tax advice. We strongly advise that you seek the counsel of your tax advisor, attorney and/or financial planner to review tax calculations and ensure that a contemplated gift is appropriate for your situation.
How can I make a bequest to Ric O’Barry’s Dolphin Project?
There are several ways to make a bequest to Ric O’Barry’s Dolphin Project. Types of gifts include:
Specific bequest – this is a gift with a specific dollar amount attached or an asset such as securities and/or real estate.
Residuary bequest – this type of gift provides a percentage of the remainder of your estate to a charity, which is given after all other provisions of your will have been fulfilled and all expenses paid.
Contingent bequest – a bequest that is contingent is received only in the event of the death of other named beneficiaries. With this option, you can guarantee that your loved ones are cared for first, and that your charitable wishes are honored if there are sufficient assets remaining.
Can you provide an example of the proper wording for my bequest?
While we can provide examples of proper wording for your bequest as follows, the final language should be decided in collaboration with your own legal counsel:
“I give to Ric O’Barry’s Dolphin Project, a charitable corporation, whose current legal address is 171 Pier Ave #234, Santa Monica CA 90405 [the sum of $ ___________ (or) ____% (or all) of my residuary estate or a specific asset] to be used for its general charitable purposes.”
For a contingent bequest:
“If all of the above-named beneficiaries should predecease me, I hereby bequeath any remaining share to Ric O’Barry’s Dolphin Project, a charitable corporation, whose current legal address is 171 Pier Ave #234, Santa Monica, CA 90405, to be used for its general purposes.”
Can I leave conditions on the bequest?
It is recommended that you make your bequest as general as possible to ensure that Ric O’Barry’s Dolphin Project is able to utilize your bequest’s funding where it is needed the most. If you have a specific purpose in mind, please contact us by email before finalizing the bequest.
Do I need to inform Ric O’Barry’s Dolphin Project of my estate plan?
There is no requirement for our bequest donors to notify us; however, we would be delighted to know if you do include Ric O’Barry’s Dolphin Project in your estate plans, so that we can say thank you and welcome you into the Ric O’Barry’s Dolphin Project Legacy Society.
Please contact us with any details you would like to include regarding your bequest. We assure you that any information you provide to us will be confidential.
What other ways can I include Ric O’Barry’s Dolphin Project in my estate plan?
In addition to leaving a bequest in your will or trust, you may also consider gifts of life insurance, retirement plans, real estate, and/or appreciated securities.
Ric O’Barry’s Dolphin Project also welcomes inquiries regarding the establishment of an endowment fund or other perpetual gift.
For more information, please contact us using the form below.