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What is a charitable bequest?
A charitable bequest is a gift made through a will that enables you to make a significant contribution to support the future work of Virginia Hospital Center. Bequests can also be made through a living trust or a beneficiary designation on a financial account. Almost anyone can afford to a make a charitable bequest and still provide for loved ones. A charitable bequest costs you nothing to make today because you retain full control of your assets during your life.
What are the benefits of making a bequest?
- You leave a lasting legacy to be remembered
- You lessen the burden of taxes on your family and heirs
- You may receive estate tax savings
- You retain control of your assets during your lifetime
How can I learn more?
How do I make a bequest?
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or Virginia Hospital Center as part of your estate plan. Or
click here for our suggested bequest language.
What are my options?
A bequest can be made in several ways:
- You can gift a specific dollar amount or asset
- You can gift a percentage of your estate
- You can gift from the balance or residue of your estate
- You can make a beneficiary designation of certain assets
How do I get started?
Request an Estate Planning Guide
