Our Bequest is a powerful tool that can turn every hope into a beautiful reality.
Let’s begin this with what does bequeath mean:
What does bequeath mean?
Bequeath is an action of a formal declaration in a will. It is actually define as an act of bequest.
Bequeath is a word originated from the word of old English “becwethan”. This word also means to pass on or to hands down.
You can bequeath anything or any possession, from a small property to a sum of money. Bequeath is also a legacy to leave for your beloved ones.
It is also the kind of gift that you can give to anyone you want via a formal procedure. As it is procedure involving the law, one should always take the help of attorney or a legal adviser while going for the bequeath.
To make it a little simpler for you, did you remember a movie scene where a dying old man’s attorney reads his will, and in the will he bequeathed everything to his son.
Now you might have got what does bequeath mean.
How to make the better use of bequeath:
We can also describe Bequeath as an Art of Love. How? Apart from all this the way I look at Bequeath is, it is the most beautiful way of honoring the memories of your loved ones and your parents.
You can bequeath your obsessions to anyone you want. MCRI is an institute working for the child welfare. Whatever you Bequest these people spend the same very wisely on research project showing a vital impact on children’s health. To be a part of this blissful work all you have to do is include the bequest in your will.
Being a responsible human, we all care about our family and friends then we should also remember those who don’t have anyone to take care of them. We are the responsible humans and we know a little done by us for the needful society can make a difference.
How to Bequeath:
It is an exceedingly special act of donation that anyone can perform and be a part of a really precious achievement.
It is a simple task and so everyone should do this. So as to make a will or bequeath your property or possessions all you have to do is meet your attorney and they will guide with the best. With your attorney, you could make decisions on to whom you are willing to bequeath.
It is just as same as going for a will; you can bequeath your part of the property to anyone, at the time of will creation or even after that. Doesn’t matter it is your first will or you are updating the same for the gift you should do this with the help of a good advisor.
Though you have to follow some steps to Bequeath in the most appropriate manner:
- Plan the will:
Planning a will can be a tough task and to make it simpler you take some help. Here you have to make a list of what you owe and to whom you will be gifting the same.
- Choose who will you include:
We all want to give our every dearer possessions to the loved ones so that they remember us. And I know some generous hearts will be including a gift in the will for the welfare of society as it can give you so many loved people remembering your heavenly act.
- Choose the type of bequest:
You can bequest anything including a sum of money, some share of your property, any named item, company shares, etc.
- Take advice:
As it is an official task and you have to be very careful while doing this, I recommend you to take the help your attorney or MCRI’s legal advisor. They can help you with your first or in the updating of the will.
- Let your family know:
I know many families doing this honorable work for the benefit of children. Letting your family know about your gift to the society will make it easier for you to achieve your final wish.
You can even let the institution know about your generous deed, as with this they will tell you how your gift can impact the society.