Most people like you have good intentions to do something for others. But the biggestg problem is to implement those intentions and turn them into action. Admittedly, we do tend to procrastinate, sometimes putting something off until it's too late. This often happens with a charitable gift. Undoubtedly you are aware of our continuing financial needs, but for one reason or another you put off consummating a gift.
Turning Your Good Intentions Into Action
It would be a simple matter to include a bequest to United Cancedr Research Society
directly in your will or in a codicil to your will. To expedite your good intentions, here
are recommended clauses for making an outright unrestricted bequest to us:
United Cancer Research Society is to receive the sum of __________ (indicate specific amount). This bequest is unrestricted, and the Board of Trustees or other governing body may use and expend the same for the benefit of United Cancer Research Society in any manner it deems appropriate.
OR
United Cancer Research Society is to receive _________________ (indicate specific percentage in words) percent _______(indicate number)% of my net residuary estate after the payment of all my debts and taxes. This bequest is unrestricted, and the Board of Trustees or other governing body may use and expend the same for the benefit of United Cancer Research Society in any manner it deems appropriate.
The preceding clauses, of course, are suggested examples only. Always consult your attorney for proper legal advice. Should you wish to make a bequest to United Cancer Research Society that is restricted to a specific purpose, please contact us for examples of appropriate wording.
Gift Options
There are several possibilities when considering a gift to United Cancer Research Society. These include:
- a cash bequest
- a gift of property--i.e., real estate, collections, art, jewelry, etc.
- a gift of life insurance
- a gift of securities
- a share of the residue of your estate
- the remainder of a trust after the lifetime of a family member.
Endowment
Another important option is an endowment consisting of a gift to memorialize a family
member of yourself. It can be self-perpetuating in that the principal can be sustained and
the income derived from it used for many significant purposes.
We can help you and your estate planning advisors develop a plan best suited to satisfy both family and philanthropic goals. Please give us a call.
