Estate Planning

To assist with your estate plans, the Community Foundation of Johnson County can provide customized sample language for the causes you may wish to support.  We recommend you consult your attorney with regard to any changes to your estate plan. Each individual situation is unique; therefore, these are basic sample provisions.

The following sample language can be used for estate gifts through:

  • Wills
  • Living Trusts
  • Retirement Plan Designations
  • Life Insurance Beneficiary Designations
  • Contingent provisions in any of the above estate documents

To request customized language, please contact Shelly Maharry, Executive Director

Contact Shelly Maharry, Executive Director, at (319) 337-0483 Ext. 1, or Shelly@CFJC.org.

Percentage of Estate or Residuary Bequest

“I give to the Community Foundation of Johnson County, Iowa, a nonprofit corporation located in Iowa City, IA, an amount equal to ______ percent of the total value of the assets in my estate (or the residue of my estate), whatever the amount shall be at the time of my death. This gift is for discretionary purposes to meet the highest priority needs of the community as those arise/is to be added to the [name the existing endowment of the Foundation here].”

Or

“I give to the Community Foundation of Johnson County, a nonprofit corporation located in Iowa City, IA, all my right title and interest in the following described property: [list property here]. This gift is for discretionary purposes to meet the highest priority needs of the community as those arise/is to be added to the [name the existing endowment of the Community Foundation here].

Specific Bequest

You may establish an endowment for a specific purpose through your estate by stating, “This gift is to be added to the _____________________________ Fund and used in accordance with the written agreement entered into by me and the Community Foundation of Johnson County during my lifetime.” In this case, we work with you to establish the fund particulars in a separate document that may be amended at any time before the bequest is received. This avoids the necessity of amending estate documents if a donor wishes to change the purpose of the fund over time.

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