Charitable Bequest
A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to The Elizabeth Hospice that will make a lasting impact.
Charitable Bequest
Property
Donor's Family
Benefits of a bequest
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy
How a bequest works
With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or The Elizabeth Hospice as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Here are some of the ways to leave a bequest to The Elizabeth Hospice
- Include a bequest to The Elizabeth Hospice in your will or revocable trust
- Designate The Elizabeth Hospice as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
- Name The Elizabeth Hospice as a beneficiary of your life insurance policy
A bequest may be made in several ways
- Percentage bequest - make a gift of a percentage of your estate
- Specific bequest - make a gift of a specific dollar amount or a specific asset
- Residual bequest - make a gift from the balance or residue of your estate
Contact us
If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to The Elizabeth Hospice as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.
