Making a Gift by Will or Living Trust

pdficon_large.gif Printable Bequest Language

Specific Bequest: I give Advocate Charitable Foundation in Downers Grove, Illinois, the sum of $________ to be used by Advocate ________ (specify name of hospital or program) in ________, Illinois, [for its special needs or for its ________ (specify fund or program)].

Residual Bequest: I give Advocate Charitable Foundation in Downers Grove, Illinois, ________% of the residue of my estate to be used by Advocate ________ (specify name of hospital or program) in ________, Illinois, [for its special needs or for its ________ (specify fund or program)].

Contingent Bequest: In the event that ________ does not survive me, I give Advocate Charitable Foundation in Downers Grove, Illinois, the sum of $________ (or, alternatively, ________% of the residue of my estate) to be used by Advocate ________ (specify name of hospital or program) in ________, Illinois, [for its special needs or for it ________ (specify fund or program)].

Additional suggested language

To ensure that we will be able to make use of all bequests intended to support our mission and to address possible situations of future obsolescence, we encourage inclusion of the following:

If, in the opinion of the board of directors of Advocate Charitable Foundation, the need for funds for the purpose described above no longer exists at some future date, the board of directors is authorized to use these funds for a purpose as similar as practical to my stated interest.

 

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