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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 your state requirements.
The following are examples for illustration
only. These examples use the phrase
"for the benefit of FirstHealth."
You may instead specify a specific
hospital, such as Moore Regional,
a program such as the Cancer CARE
Fund, or FirstHealth Hospice Foundation.
Please contact
us regarding the appropriate designation
as well as consult your legal adviser
for the proper wording.
- When including a bequest provision
in your will, always use the full
legal name and provide the federal
taxpayer identification number.
- Our full, legal name is "The Foundation
of FirstHealth, Inc."
- Our federal taxpayer identification
number is 51-0191937.
 Bequests
for Unrestricted Purposes
Unrestricted gifts are to be used
for the greatest need at the time
to be determined by the Board. A general
unrestricted bequest is especially
valued by us.
- For a bequest of securities,
the possible language is "I give The
Foundation of FirstHealth, Inc. all
of my shares of XYZ stock or mutual
fund to be used for the benefit of
Moore Regional Hospital Foundation."
- For a bequest of cash, the
possible language is "I give to The
Foundation of FirstHealth, Inc. the
sum of (amount) to be used for the
benefit of Moore Regional Hospital
Foundation."
If you do not want to specify the
exact amount or nature of the intended
gift, perhaps because the size of
the future estate is difficult to
estimate, a proportional bequest is
often the best way to accomplish your
goals. We would receive a percentage
of the estate or the residue of the
estate, after all other provisions
have been met.
- Possible language is "I give to
The Foundation of FirstHealth, Inc.
(percent) of my estate, or (percent
of the rest, residue and remainder)
of my estate to be used for the benefit
of Moore Regional Hospital Foundation."
 Contingent
Bequest
A contingent bequest takes effect
only if the primary intention cannot
be met (e.g. if the primary beneficiary
does not survive the donor). This
ensures that property will not be
distributed to unintended beneficiaries.
- Possible language is "If (name
of primary beneficiary) does not survive
me, or shall die during the administration
of my estate, or as a result of a
common disaster, then I give to The
Foundation of FirstHealth, Inc. all
of the rest, residue, and remainder
of my estate, to be used for the benefit
of Moore Regional Hospital Foundation."
Bequests
for Restricted Purposes
If
you would like to honor a family member,
a special person or provide support
for a specific program or department
that was meaningful to you, then you
can designate your bequest specifically
for that purpose. You simply use any
form of the possible language included
above, and replace "to be used for
the benefit of [ insert purpose or
intent ]" with the specific designation.
Often specific guidelines govern the
use of these types of funds. Therefore,
we recommend that you contact us to
discuss your restricted gift. We are
here to help you as you plan.
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.
Thank you
for remembering FirstHealth. Click
here to return to Wills
and Bequests.
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