We know that when it comes to preparing a Will that family is the number one priority. Managing your family’s future needs with your philanthropic interest to support Hôtel-Dieu Grace Hospital Foundation is an important part of structuring your Planned Gift. Leaving a legacy to our Foundation can provide significant tax savings to your estate and leave more residue to your family, making sure they are taken care of.
Making sure your Will is worded correctly will ensure that your wishes to support Hôtel-Dieu Grace Hospital Foundation are met. Below are some sample Will Clauses for unrestricted and restricted bequests. Remember, your unrestricted gift is preferred and enables the hospital to direct your gift to its area of greatest need.
Suggested will clause wording for:
An unrestricted use legacy:
I give the sum of ________ dollars to Hôtel-Dieu Grace Hospital Foundation for the benefit of Hôtel-Dieu Grace Hospital to be used where it is most needed as determined by the board of directors of Hôtel-Dieu Grace Hospital Foundation.
An unrestricted use gift of residue:
I give the residue (OR __% of the residue) of my estate to Hôtel-Dieu Grace Hospital Foundation for the benefit of Hôtel-Dieu Grace Hospital to be used where it is most needed as determined by the board of directors of Hôtel-Dieu Grace Hospital Foundation.
A restricted use legacy:
I give the sum of _______ dollars to Hôtel-Dieu Grace Hospital Foundation to be used for the purpose of ________ [examples include “equipment, a program (Link to Core Programs), or patient care]. If unforeseen circumstances make the specified use of this gift no longer practical or desirable as determined by the board of directors of Hôtel-Dieu Grace Hospital Foundation, the board of directors of Hôtel-Dieu Grace Hospital Foundation may change the terms of the specified use, such change to be in keeping as close as possible with the general intent of this gift.
A restricted use of a residuary gift:
I give the residue (OR __% of the residue) of my estate to Hôtel-Dieu Grace Hospital Foundation, to be used for the purpose of _________ [examples include “equipment, a program (Link to Core Programs), or patient care]. If unforeseen circumstances make the specified use of this gift no longer practical or desirable, as determined by the board of directors of Hôtel-Dieu Grace Hospital Foundation, the board of directors of Hôtel-Dieu Grace Hospital Foundation may change the terms of the specified use, such change to be in keeping as close as possible with the general intent of this gift.
We encourage Donors who are considering Endowment gifts and bequests with naming opportunities to contact our Office to further discuss these types of clauses.
We are thankful that you have thought of us in your estate plans. We know that we speak not only on behalf of our hospital family, but the patients we care for each and every day in our community. |