Perhaps the most profound way to keep your generous spirit alive is through planned giving.
With a few simple lines in your will, you can continue to support Gilda's Club Westchester through your estate and ensure that your life will have a lasting impact on the health care of our entire community.
The following examples outline the many options available. Please consult your legal counsel for the exact language applicable to your individual situation.
This form of giving provides maximum benefit by leaving funds or property to charity without designation as to its use: “I give (dollar amount) to Gilda's Club Westchester, Inc. to be used for its exempt purposes.”
This bequest identifies a specific piece of property to be given to charity: “I bequeath 500 shares of General Electric Co. common stock to Gilda's Club Westchester, Inc., to be used for its exempt purposes.” (You must own this exact property at your death, or this type of bequest will fail.)
This form of gift directs all or a portion of one's estate to charity after payment of debts, taxes and expenses of estate administration: “All the rest, residue and remainder of my estate I give to Gilda's Club Westchester, Inc. to be used for its exempt purposes.”
A donor may choose to give a portion of his or her estate to charity, expressed in percentage form: “I give 50% of my estate to Gilda's Club Westchester, Inc. to be used for its exempt purposes.”
Should you decide to leave a bequest to an individual, and he or she dies before you, a charitable gift may be made of that bequest: “If (name of the individual) predeceases me or disclaims any interest in my residence located at 123 Main Street, White Plains, New York, then I give such property to Gilda's Club Westchester, Inc.”
You may wish to designate your estate gift to Gilda's Club Westchester, Inc. for a specific purpose, such as to support an activity or program. However, to avoid obsolescence, please use broad language: “I give $50,000 to Gilda's Club Westchester, Inc. to support Noogieland. However, if the Board of Directors of Gilda's Club Westchester, Inc. determines that it is not feasible or economical to use this gift for this purpose, then such gift shall be used for such exempt purposes as the Board of Directors directs.”
For additional information, please contact firstname.lastname@example.org.