Bequests to the WHAS Crusade for Children
A charitable bequest is one of the easiest ways you can leave a lasting impact on our organization. A bequest may be made in your will or trust, directing a gift to the WHAS Crusade for Children.
What is a bequest?
A bequest is a gift by will of personal or real property — a legacy. A will is a legal document by which a person makes a disposition of his or her property to take effect after his or her death, and can be changed during his or her lifetime. In your will you can name the WHAS Crusade for Children, Inc. to receive a charitable bequest.
How will the WHAS Crusade for Children use my bequest?
You can make an unrestricted gift, or you can restrict the use of your gift to a purpose that you designate.
An unrestricted charitable bequest provides funds that the Crusade uses for its general purposes. This type of bequest can be of greatest use because it allows the charity to determine the areas of greatest need. If you choose to make a restricted bequest, it is best to work with the Crusade in advance, so that there is assurance that we will be able to comply with the restriction.
How do you make a bequest?
A bequest can be made in several ways:
• Gift of a specific dollar amount or asset
• Gift of a percentage of your estate
• Gift from the balance or residue of your estate
Example bequest language:
1. Bequest of cash
“I bequeath the sum of $10,000 to the WHAS Crusade for Children, Inc., the use of which may be determined by the WHAS Crusade for Children Board of Directors.”
2. Bequest of a percent of the estate
“I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to the WHAS Crusade for Children, Inc.”
3. Contingent Bequest
“If my brother John Doe survives me, I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath 20% of my residuary estate, whether real or personal property and wherever located the WHAS Crusade for Children.”
Benefits of your bequest:
• Receive estate tax charitable deduction
• Lessen the burden of taxes on your family
• Leave a lasting legacy
Download a planning form
Click here to download a WHAS Crusade for Children “Leave a Legacy” form. You can then thoughtfully consider your gift options.
Thank you for your gift to the Crusade
The WHAS Crusade for Children, Inc. does not render legal, tax or other professional advice. You should always seek advice from an attorney and other professional advisors when considering making a charitable gift.
Please contact Dawn Lee at (502) 582-7706 or e-mail Dawn by clicking here.