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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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