Giving Through Your Estate: Bequests

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Giving Through Your Estate: Bequests

A Gift Through Your Will or Living Trust

You can make a bequest to the Hospital by including us in your will or living trust. If you would like to include a bequest in your charitable gift plan you might consider the following options:

mature couple with financial documents
  • General bequest – This is usually a specific dollar amount left to the Hospital.
  • Specific property - The Hospital receives specific assets, such as named securities, a piece of real estate (such as a residence) or tangible personal property (e.g., artwork, antiques, coins).
  • Residuary bequest - The Hospital receives all or a percentage of the remainder of your estate after the payment of general and specific bequests and estate-related expenses.
  • Contingent bequest - The hospital is given a bequest only in the event of the death of other beneficiaries.

Bequest Language

The following example of bequest language may be tailored to suit your interests:

"I give, devise and bequeath to New York-Presbyterian Fund, Inc., a Corporation created under the New York State Not-for-Profit Corporation Law and located in New York City, New York, (____% of my residuary estate or $____)  to be used for the general purposes of NewYork-Presbyterian Hospital as its Board of Trustees shall determine."

Please note that New York-Presbyterian Fund, Inc. is the entity to which we ask that all donations to the Hospital be made. The Tax ID# for New York-Presbyterian Fund, Inc. is 13-3160356.

Note: As you consider any charitable gift plan, please consult with your tax or financial advisor to determine the tax/financial implications for you and your family. NewYork-Presbyterian does not provide legal or tax advice. This communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding tax-related penalties.

Contact

Planned Giving

Telephone: 646-317-7499
Email: legacy@nyp.org