Bequest Language

SAMPLE BEQUEST LANGUAGE

A gift to The Valley Hospital Foundation in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:

Is easy to arrange.
Will not alter your current lifestyle in any way.
Can be easily modified to address your changing needs.

Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:

I give and devise to The Valley Hospital Foundation (Tax ID #22-2324554), located in Paramus, NJ, 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 Gift Language
Naming The Valley Hospital Foundation as a beneficiary of a specific amount from your estate is easy:

I give and devise to The Valley Hospital Foundation (Tax ID #22-2324554), located in Paramus, NJ, the sum of $___________ (or asset) to be used for its general support (or for the support of a specific fund or program).

Contingent Gift Language
The Valley Hospital Foundation or its affiliates 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 name) is not living at the time of my demise, I give and devise to The Valley Hospital Foundation (Tax ID #22-2324554), located in Paramus, NJ, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).

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