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> Planned Giving > Let a Philanthropic Bequest Fit Your Wishes
Let a Philanthropic Bequest Fit Your Wishes
Are you planning a bequest to Sisters
Hospital Foundation? If so, make sure it reflects your hopes and
desires. You have a wide choice of alternatives. - You can bequeath a sum of money, specified personal or real property, or a share of your estate's residue.
The
official bequest language for Sisters Hospital Foundation is: "I,
[name], of [city, state, ZIP], give, devise and bequeath to Sisters
Hospital Foundation [written amount or percentage of the estate or
description of property] for its unrestricted use and purpose."
- Your
gift can be contingent. That is, you can provide that the money,
property or share is to go to some individual if that person survives
you; otherwise, it's to be distributed to us.
- You
can create a trust for a relative's benefit, assuring the availability
of income and principal for that person's support and comfort, and name
us to receive whatever is left when the trust terminates.
- For
greater tax savings, you can establish a charitable remainder trust
that will pay an income for life to the individual of your choice and
the remaining principal to us.
- We
generally prefer gifts without limits on their use so we can apply them
to our most urgent needs. But you have every right to restrict your
bequest by directing how you want it used or allowing us to expend only
the income from your gift. If you want to designate a specific purpose,
we need you to consult us in advance to make certain we'll be able to
carry out your wishes.
- You
can make your bequest in memory of yourself or a loved one. We'll be
pleased to honor your intent, and we have many ways to grant
appropriate recognition.
It's Your Call It's natural and sensible that your bequest should reflect your personal wishes.
Please call Julie Snyder at 716-862-1992, or e-mail us at jsnyder@chsbuffalo.org, for more information.
Copyright © The Stelter Company, All rights reserved.
The information in this Web site is not intended as legal advice. For
legal advice, please consult an attorney. Figures cited in examples are
for hypothetical purposes only and are subject to change. References to
estate and income tax include federal taxes only. Individual state
taxes and/or state law may impact your results.
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