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Guide for Bequests by Will or Living Trust

Your bequest to the Virginia Hospital Center Foundation will perpetuate your support for our mission of improving healthcare in our community. Bequests are a wonderful way to give because you arrange to donate some of your assets after you no longer need them. In a bequest to the Foundation, you may leave a specific dollar amount, (for example, $10,000) or may leave a percentage of your estate.

This guide is provided to you so that you can see some your options for arranging a bequest. It also provides the correct legal name of the Foundation, so please be sure to bring this guide with you when you meet with your attorney.

Suggested Forms of Bequests

When making or revising your will, you should work with an attorney. Here is some suggested language for various types of bequests.

  1. Outright bequest in will
    1. Specific dollar amount: "I bequeath the sum of $_____ to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, to be used or disposed of, for the benefit of the Virginia Hospital Center Foundation, Inc.”
    2. Specific property (personal property): "I bequeath to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, to be used or disposed of, for the benefit of the Virginia Hospital Center Foundation, Inc.”
    3. Specific property (real estate): "I devise all of my right, title and interest in and to the real estate located at to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, to be used or disposed of, for the benefit of the Virginia Hospital Center Foundation, Inc.”
    4. Share of, or entire residue, of estate: "I devise and bequeath (all/or _____%) of the remainder of my property to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, to be used or disposed of, for the benefit of the Virginia Hospital Center Foundation, Inc.”
  2. Conditional bequest in will

    Insert the conditional language in one or more of the above provisions. For example:

    "If my husband/wife does not survive me, I bequeath the sum of $_____ to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, to be used or disposed of, for the benefit of the Virginia Hospital Center Foundation, Inc.”

    If the gift to the Virginia Hospital Center Foundation is for a purpose other than unrestricted use, insert the restriction in place of the words "to be used or disposed of for the benefit of the Virginia Hospital Center Foundation, Inc.” For example:

    "I bequeath the sum of $_____ to the Virginia Hospital Center Foundation, Inc., 1701 North George Mason Drive, Arlington, VA 22205, for the following use and purpose: ."

    If you make a gift subject to a restriction, we suggest including one of the following provisions:

    "However, I impose no legal or equitable obligation in this regard."

    or

    "If in the judgment of the Board of Directors of the Virginia Hospital Center Foundation, Inc., it becomes impossible to accomplish the purposes of this gift, the income or principal may be used for such related purposes and in such manner as determined by its Board of Directors."

Please discuss with us any restrictions you in mind before you execute your Will. While we try very hard to honor each donor’s wishes, we would like an opportunity to agree to your restrictions before we receive your bequest.

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