Learn About Wills and Bequests

Since our founding in 1958, Our Lady of Good Counsel High School has gratefully benefited from the thoughtful bequests, via their wills, of alumni, parents and other friends. Giving to Good Counsel in your will is a great way to leave a positive legacy for the future. It can also reduce the amount of tax paid by the rest of your estate so your family can get the most out of their inheritance. It's never too soon to document your intentions and bequests are revocable and can be modified by you at any time.

What are the benefits of making a bequest?

1. You leave a lasting legacy to be remembered
2. You lessen the burden of taxes on your family
3. You may receive estate tax savings

How can I learn more?

How do I make a bequest?

Our sample bequest language below can help get you started. We recommend that you consult with your own attorney or estate planning advisor to ensure that the provision you choose best meets your personal circumstances.

I give to Our Lady of Good Counsel High School, Inc., a non-profit organization located at 17301 Old Vic Boulevard, Olney, MD 20832, [insert $ amount, percentage of residuary estate, or otherwise named gifted assets] for [insert designation or restriction, such as for its general education purposes, financial support for students with demonstrated need, or otherwise state donor restriction].

TAX ID #: 52-0703118

What are my options?

1. You can gift a specific dollar amount or asset
2. You can gift a percentage of your estate
3. You can gift from the balance or residue of your estate
4. You can make a beneficiary designation of certain assets

How do I get started?