A bequest in your will or living trust is one of the easiest ways to make a legacy gift. It gives you the opportunity to make a meaningful gift to provide for the future, yet you retain control and use of your assets during your lifetime. A bequest is also flexible, and you may modify your plans if your circumstances or family needs change. Gifts from your estate may also be exempt from federal estate taxes.
Bequest gifts can take many forms – a specific bequest, percentage bequest, residual bequest (percentage or specific), and contingent bequest. See resources below for sample bequest language and additional information.
If you have already left Spectrum Health Foundation, or Helen DeVos Children’s Hospital Foundation, in your will, or if you plan to do so, please let us know.
Making a gift through a beneficiary designation may provide you with increased flexibility compared to making a gift in your will or living trust. Some examples include:
Naming the Foundation as a beneficiary is an easy process:
If you would like to learn more about how to include Spectrum Health or Helen DeVos Children’s Hospital in your charitable estate planning, or if you intend to/have already remembered the hospital in your plans, we would love to hear from you.
We are here to help and share the many ways you can make a difference through your philanthropy, now and in the future.
Spectrum Health Foundation, including Helen DeVos Children’s Hospital Foundation, has 501(c)(3) non-profit tax-exempt status. Our federal Tax ID number is #38-2752328.
Information contained herein was accurate the time of posting and is taken from sources believed to be reliable. The information on this website is not intended as legal or tax advice; for such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. You are encouraged to seek the advice of your financial planner, attorney, and/or tax advisor to make certain a contemplated gift aligns with your overall circumstances and planning. All conversations are confidential; no obligations are associated with these conversations.