Their trustee, State Street Global Advisors, sold the stock and combined the proceeds with other people's contributions to the fund. For their units, the Angelo's will receive a proportional share of all the net income earned by the pooled fund. Contact a Foundation representative for a current illustration since Arthritis Foundation Pooled Income Fund returns can vary over time. If you have a will, then you understand the need for sound financial planning. It is a revocable gift, and since it doesn't have an immediate cost to the donor other than for the preparation of the will, it appeals to donors of all financial levels.
Bequests can take several forms.
A specific bequest is a gift of something designated by the donor, such as an amount of money, a security or a piece of real estate. A specific bequest can also be a percentage of an estate rather than a specific dollar amount. A residual bequest is a gift made from what is left in an estate after all other bequests have been made. A contingent bequest takes effect only when other bequests cannot be fulfilled for some reason. And here's how simple it is to include the Arthritis Foundation in your will.