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Will and Trust

Fulfill your philanthropic desires using avenues which can allow you to make a larger gift to The Hope, make a gift that will not affect your portfolio today and/or reduce high tax liability.  It is important to consult your personal legal and financial advisors when planning a gift.

GIFTS UNDER A WILL

The following language is an example of wording that may be used to name The Hope as a beneficiary of your last will and testament.  Your gift may be of a specific dollar amount or it may also be of a percentage of your estate.

a.       GENERAL TESTAMENTARY GIFT: SPECIFIC MONETARY AMOUNT:  I hereby give and bequeath _______________________ Dollars ($__________________) to The Hope Heart Institute, located at 1380 112th Avenue NE, Suite 200  Bellevue, WA  98004, or its successors-in-interest, to be used for general purposes. 

b.       GENERAL TESTAMENTARY GIFT: PERCENTAGE OF RESIDUE OF ESTATE:  I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to The Hope Heart Institute, located at 1380 112th Avenue NE  Suite 200, Bellevue, WA  98004 or its successors-in-interest, to be used for general purposes.  

2. GIFTS FROM A TRUST

The following language is an example of wording that may be used in the event The Hope Heart Institute is named as a contingent beneficiary of a trust estate.  Please keep in mind that such gifts may be of either a specific dollar amount or a percentage of the trust estate.

[Insert contingency (e.g., Upon the death of my spouse)], the Trustee shall distribute ________________ Dollars ($__________________), or_______% of the remaining trust

 to The Hope Heart Institute, located at 1380 112th Avenue NE, Suite 200  Bellevue WA  98004, or its successors-in-interest, free and clear of trust, to be used for general purposes. 

When naming The Hope Heart Institute as a beneficiary of your retirement plan, IRA, life insurance, securities/brokerage account (transfer on death account) or bank account (payable on death account), we recommend the following information on your beneficiary designation form:
The Hope Heart Institute, 1380 112th Avenue NE  Suite 200  Bellevue, WA  98004
Federal Tax ID Number: 91-1138000 

Please note: This is not professional tax or legal advice. Please consult with a tax, financial or legal advisor.