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Sample Language for Charitable Bequests in Wills or Trusts


A bequest to the Witham Health Services Foundation may take one of four forms and may be unrestricted or restricted as to purpose. Language reflecting unrestricted bequests allows the Foundation to determine the best use of the funds at the time they become available. Please share this sample language with your legal counsel. We encourage all donors or their legal counsel to contact the Witham Health Services Foundation for guidance as to correct language. Thank you!

Sample language for unrestricted bequests includes:

SPECIFIC BEQUEST: (A specific bequest designates a fixed dollar amount or specific asset(s) to the Witham Health Services Foundation.)  “I hereby give, devise, and bequeath to the Witham Memorial Hospital Foundation, Inc., a not-for-profit corporation organized under the laws of the state of Indiana and located in Lebanon, Indiana, [$___ (dollars)] or [designated asset(s)].”

PERCENTAGE BEQUEST: (A percentage bequest designates a percentage of your estate to the Witham Health Services Foundation.)  “I hereby give, devise, and bequeath to the Witham Memorial Hospital Foundation, Inc., a not-for-profit corporation organized under the laws of the state of Indiana and located in Lebanon, Indiana, ___% (percent) of my estate.”

RESIDUARY BEQUEST: (A residuary bequest designates the remainder of your estate to the Witham Health Services Foundation after all expenses have been paid and all specific bequests have been satisfied.)  “I hereby give, devise, and bequeath [all] or [___% (percent)] of the rest, remainder and residue of my estate to the Witham Memorial Hospital Foundation, Inc., a not-for-profit corporation organized under the laws of the state of Indiana and located in Lebanon, Indiana.”

CONTINGENT BEQUEST: (A contingent bequest designates a bequest to the Witham Health Services Foundation only if those named as primary beneficiaries predecease before your will takes effect.)  “I hereby give, devise, and bequeath (beneficiary name) the greater of $___ (dollars) or ___% (percent) of my estate. In the event that he/she shall predecease me, I direct this sum, or percent, to be paid to the Witham Memorial Hospital Foundation, Inc., a not-for-profit corporation organized under the laws of the state of Indiana and located in Lebanon, Indiana.”

When a donor wishes the bequest to be utilized for a specific purpose, a restricted bequest is made, such as in the following statement: “I hereby give, devise, and bequeath to the Witham Memorial Hospital Foundation, Inc., a not-for-profit corporation organized under the laws of the state of Indiana and located in Lebanon, Indiana, the greater of $___ (dollars) or ___% (percent) of my estate for the following purpose: _______.”

If you have an existing will, you can amend it with a codicil to include the Witham Health Services Foundation.

NOTE: Witham Health Services Foundation federal tax identification number is 31-1072162

For questions or to discuss how to best plan your charitable bequest, please contact:

 Brock Hesler
Executive Director
Witham Health Services Foundation
2705 N. Lebanon Street, Suite 115
Lebanon, IN  46052
Phone:  765-485-8112
Toll-free Phone:  800-943-5283
Fax:  765-485-8139
Email:  bhesler@witham.org

 

Questions? Please contact:
Witham Health Services Foundation
2705 N. Lebanon Street, Suite 115
Lebanon, IN  46052
Phone: 765-485-8112
Fax: 765-485-8139
foundation@witham.org








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