Planned Giving
Sample Bequest Language
Please note that gifts of this nature should be carefully considered in relation to your comprehensive financial and estate plans. We strongly recommend that you consult an attorney in the preparation of your will and to supervise its execution so as to comply with the legal requirements of your state.
Potential
Types of Bequests
Unrestricted gifts are used by
Driscoll for the greatest need at the time the bequest is received. If you are
concerned about specifying an exact amount or nature of the gift, perhaps because
the size of your future estate may be difficult to estimate, a bequest of the
remainder or percentage of the remainder may be the best way to accomplish your
goals. If you would like to honor a family member, a special person or provide
support for a specific Driscoll program, then you can designate your bequest specifically
for that purpose.
Possible
Bequest Language
The following language may aid you and your attorney
in preparing your bequest for the benefit of Driscoll Children's Hospital.
I give, devise and bequeath to Driscoll Children's Hospital Development Foundation, Inc., a nonprofit corporation located in Corpus Christi, Texas and organized in accordance with the laws of the State of Texas for the purpose of supporting Driscoll Children's Hospital:
a) the sum of $____________________________;
-or-
b) the following described property ______________________;
-or-
c) (______________ % of) the rest, residue and remainder of my estate.
The property comprising this gift may, for investment purposes, be merged with any of the general investment assets of Driscoll Children's Hospital Development Foundation, Inc., but the gift shall be entered in the Foundation's books and records as the _________ Fund, and shall always be so designated.
The distributions from the fund shall be used:
a) to further the purposes of Driscoll Children's Hospital Development Foundation, Inc., in its support of Driscoll Children's Hospital;
-or-
b) to provide support for ________________ at Driscoll Children's Hospital.
If you select a specific purpose for your gift, inclusion of the following sentence will ensure that the bequest remains useful through many decades.
If, in the judgment of the Development Foundation's Board of Trustees, changed circumstances should, at some future time, render the original designated use of this fund impracticable, unwise or inappropriate, then the Board shall use the fund to further the objectives and purposes of Driscoll Children's Hospital Development Foundation, Inc., giving consideration to my special interest as evidenced by the purpose described above.
If you choose to name Driscoll Children's Hospital Development Foundation, Inc., as a beneficiary, please let us know of your plans. This will enable us not only to show our appreciation of your generosity, but also to include your support in planning for the Hospital's future.
If
you already have a will
A
codicil is a written change or amendment to a will. Click
here for a printable copy of what a codicil would look like. Please remember
to consult your attorney to make sure you are properly advised.
We are here to help you as you plan. Please do not hesitate to contact:
Ted Daniel
c/o
Office of Planned Giving
3533 S. Alameda
Corpus Christi, Texas 78411
Telephone: 361-694-5773
E-mail: ted.daniel@dchstx.org
Thank you for remembering us in your plans. Click here to return to Wills and Bequests.