A Gift in Your Will or Trust

A Gift in Your Will or Trust

An excellent way for you to support Community Health Alliance’s mission is to leave us a gift in your will, living trust or with a codicil. One significant benefit of making such a gift is that it allows you to continue to use your asset or property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.

Please contact us if you have any questions about how to make a gift in your will or trust to Community Health Alliance or to request any additional information that might be helpful to you and your attorney. If you have included a gift for Community Health Alliance in your estate plan, we would appreciate you letting us know. We would like to express our appreciation and discuss recognition opportunities in the R.H. “Ty” Robinson Legacy Club.

Types of Gifts

There are a number of ways you can make a gift in your will or trust to Community Health Alliance.

  • Specific. You can make a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to Community Health Alliance.
  • Percentage. You can leave a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Community Health Alliance.
  • Residual. You can make a gift from the balance of your estate. For example, you may wish to leave 30% of the residue of your estate to Community Health Alliance.
  • Contingent. You can make a contingent gift which occurs only if the purpose of the primary designation cannot be met. For example, you could leave specific property, such as a vacation home, to a relative, but the language in your will could provide that if the relative is not alive at the time of your death, the vacation home will go to Community Health Alliance.

Benefits

A gift by will or trust is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate your gift for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Gifts by will or trust are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Language

An excellent way for you to support Community Health Alliance’s mission is to leave us a gift in your will, living trust or with a codicil. One significant benefit of making such a gift is that it allows you to continue to use your asset or property you will leave to charity during your life. Another benefit is that you are able to leave a lasting legacy.

In order to make a gift in your will or trust, you should speak with your attorney. Your attorney can help you include a gift to Community Health Alliance in your estate plan. We have provided some basic examples of language below to support your conversation with your attorney.

  1. Specific Dollar Amount
    I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, for Community Health Alliance’ general use and purpose.
  2. Specific Personal Property
    I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, for Community Health Alliance’s general use and purpose.
  3. Specific Real Estate
    I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, for Community Health Alliance’s general use and purpose.
  4. Percentage
    I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, for Community Health Alliance’s general use and purpose.
  5. Residual
    I hereby give, devise and bequeath to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave, Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Community Health Alliance’s general use and purpose.
  6. Contingent
    If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Community Health Alliance, a nonprofit organization located at 2315 McDonald Ave Ste 102, Missoula, MT, 59801, Federal Tax ID #36-3627205, DESCRIPTION OF PROPERTY to be used for Community Health Alliance’s general use and purpose.

Restricted Gifts

If you are considering a gift but would like to ensure that it will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives.

If you are making a restricted gift, we recommend that your attorney include the following provision to give Community Health Alliance flexibility should it no longer be possible for our Foundation for Community Health to use your gift as you originally intended:

If, in the judgment of the Board of Trustees of Community Health Alliance, it shall become impossible for Community Health Alliance to use this gift to accomplish the specific purposes noted, Community Health Alliance may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the original intent of my gift.