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Gifts by Will

Bequests qualify for unlimited charitable deduction, which reduces one’s estate taxes and preserves more of the donor’s assets for family and other intended beneficiaries. The following language is suggested for attorneys:

Unrestricted Bequest

“I, (name), give and bequeath to Saint Clare’s Foundation, 75 Bloomfield Avenue, Denville, New Jersey 07834-2734, the sum of ________ dollars (or property described herein) to be used by Saint Clare’s Foundation, as it deems advisable, to benefit Saint Clare’s Health System.”

Restricted Bequest

“I, (name), give and bequeath to Saint Clare’s Foundation, 75 Bloomfield Avenue, Denville, New Jersey 07834-2734, the sum of ________ dollars (or property described herein) to be used by ________________ for the following purpose: __________________________.”

For more information about making a gift by will, please call: (973) 983-5300.

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