The bequest is one of simplest and most flexible — and therefore most popular — means of gift planning. It offers the opportunity to make a more substantial gift than might be possible during your lifetime. A bequest can be as simple as a paragraph. By creating a will if you don’t have one yet, or simply revising your will, you will be able to leave a significant legacy to Boston Latin School. The following types of bequests are most common:

• Specific Bequest — You designate a specific dollar amount or specific percentage to Boston Latin.
• Residual Bequest — Your estate will pay all debts, taxes, expenses and specific bequests first. The remaining amount will be transferred to Boston Latin.
• Contingent Bequest — Most people have family obligations, which are the primary motive for executing a will. However, Boston Latin may be named a contingent beneficiary in order to receive any assets meant for family or friends who predecease you.

You should also state whether the gift is unrestricted or for a specific purpose.

Wilbur Riff '45 and his wife, Maria, have set up a bequest to benefit BLS.

“I wanted to make a gift not only in gratitude for what Boston Latin did for me but also for what it allowed me to become.” ~ Wilbur S. Riff ’45, D.M.D.