Bequest

Vice President Foundation Bradley BurckWhether you use a will, living trust, or other document, you can name Cabell Huntington Hospital Foundation as a beneficiary in your estate documents. This is one of the most meaningful ways of supporting the work of the foundation – and it is easy to do. Here’s how:

Bequest Language

As a way to help simplify the process for you, we have included sample will language for your use and to share with your attorney:

I give, devise, and bequeath to Cabell Huntington Hospital Foundation, a non-profit West Virginia institution (please call Velma for our Tax ID #), located at 1340 Hal Greer Boulevard, Huntington, West Virginia, the sum of $____ (or _____% of my estate, or _____% of the residue of my estate) to be used for such purposes as the Board of Directors determines at the time this bequest becomes effective.

To designate your gift for a specific purpose:

Will or trust provisions may be designated for a specific purpose, such as the Hoops Family Children’s Hospital or the Edwards Comprehensive Cancer Center. Donors who wish to restrict the use of their gift are encouraged to contact Cabell Huntington Hospital Foundation to ensure that we understand and implement your wishes at the appropriate time.

In the case of a restricted bequest, many people like to add language that will allow the foundation the flexibility to apply these funds for some other purpose, provided the donor’s designated project or purpose has been completed when the funds become available. We recommend adding the following sentence to the end of a bequest:

If, at the time this bequest becomes effective, the funds are not needed for this purpose, then Cabell Huntington Hospital Foundation may use the funds for a purpose that is most closely related to the original intent as described in this provision.

Please feel free to call Bradley Burck at 304.526.2658 if you have any questions.  Make sure to download our FREE Estate Planning and Resource Guide today.

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