When making a charitable gift to a nonprofit organization, it is vital the legal name of the charity, city and other identifying details be used. To name WellSpan Philhaven in your will or trust please use the following suggested language:
Residual Bequest LanguageA residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to WellSpan Philhaven, Mt.Gretna, PA, (EIN 75-621273) all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Specific Bequest Language You can also name WellSpan Philhaven as a beneficiary of a specific amount from your estate:
I give and devise to WellSpan Philhaven, Mt.Gretna, PA, (EIN 75-621273) the sum of $ ________________________ (or "____ shares of __________________ stock") to be used for its general support (or for the support of a specific fund or program).
Contingent Bequest LanguageWellSpan Philhaven can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert individual heir's name) is not living at the time of my demise, I give and devise WellSpan Philhaven, Mt.Gretna, PA, (EIN 75-621273) the sum of $ (or "all" or " ___________ percentage of the residue of my estate") to be used for its general support (or for the support of a specific fund or program).
Please contact your plan provider for a change of beneficiary form. Once you have filled out the form, please send a copy to James Shenk, Director at firstname.lastname@example.org
Legal name: WellSpan Philhaven
Tax ID number: 75-621273
Address: 283 S. Butler Road P.O. Box 550
Mt.Gretna, PA 17064
Thank you for helping your client with their charitable planning. As a professional advisor, you build your client relationships on trust and mutual respect. The same is true for our relationships with our friends and donors.
We understand that financial, philanthropic and estate goals are unique to the individual. For this reason we welcome the opportunity to assist as you incorporate your clients' philanthropic objectives into wellcrafted estate plans. Furthermore, we encourage prospective donors to consult with their professional advisors before making decisions based on information we provide.
If you have any questions or concerns, please call (717) 270-2407 or email email@example.com.
Disclosure: This information is not intended as legal advice. For more specific advice, please consult your attorney or financial adviser.