Examples of 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 your state requirements.
The following are examples for illustration only.
Bequests for Unrestricted Purposes
general unrestricted bequest is especially valued by us.
- For a bequest of securities, the possible language is: "I give McLeod Health Foundation all of my shares of XYZ stock or mutual fund to be used for the benefit of McLeod Health Foundation."
- For a bequest of cash, the possible language is: "I give to McLeod Health Foundation the sum of (Amount) to be used for the benefit of McLeod Health 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 McLeod Health Foundation (percent) of my estate, or (percent of the rest, residue and remainder) of my estate to be used for the benefit of McLeod Health Foundation."
- 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 McLeod Health Foundation all of the rest, residue, and remainder of my estate, to be used for the benefit of McLeod Health Foundation."
Bequests for Restricted Purposes
If you already have a will
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For more information or a confidential discussion of your charitable options, please email or call the Development Officer, Roxanna Tinsley, at (843) 777-2694.