Residual Gift
A residual bequest comes to us after your estate expenses and specific bequests are paid.
I give and devise to Culbertson Memorial Hospital Foundation, located in Rushville, IL, 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
Choose to name Culbertson Memorial Hospital Foundation as a beneficiary of a specific amount of your estate.
I give and devise to Culbertson Memorial Hospital Foundation, located in Rushville, IL, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).
Contingent Gift
Name Culbertson Memorial Hospital Foundation or its affiliates as a contingent beneficiary in your will or trust, should one of more of your specific bequests not be fulfilled.
If (insert name) is not living at the time of my demise, I give and devise to Culbertson Memorial Hospital Foundation, located in Rushville, IL, 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).
Retirement Plan Beneficiary
Maintain complete control over assets while living but pass the plan on to the Foundation upon death. This option is free of estate and income taxes.