You don’t need to be wealthy to make a significant impact on Friends of Friends. Your planned gift (of any amount) will help ensure FOF can continue serving our community in the years to come.
Legacy Planning
Types of Planned-Gift Commitments
Gift through a will or living trust.
Beneficiary designation on a variety of assets, including IRAs, 401(k)s, 403(b)s, qualified retirement plans,
life insurance, brokerage accounts, bank accounts (checking or savings), and real estate.
Life income arrangement (charitable remainder trust).
Remainder interest in your home.
Suggested Clauses for Bequest Gifts
All decisions regarding estate planning should be discussed with your legal advisor.
I. A specific amount or percentage
I give, devise and bequeath (insert here the sum, percentage, or description of property), to Friends of Friends Medical Support Fund, a nonprofit
corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 812, Langley, WA 98260 to be used for its tax-exempt purposes.
II. The remainder of your estate after you have met family and other goals:
I give, devise and bequeath all (or a portion -- for example, fifty percent [50%]) of the rest, residue and remainder of my estate to Friends of Friends Medical Support Fund, a nonprofit corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 812, Langley, WA 98260 to be used for its tax-exempt purposes.
III. A Gift that occurs only under a specific circumstance.
In the event that (insert name of primary beneficiary) shall not survive me, or shall die ninety (90) days from the date of my death, then I give, devise and bequeath (insert here the sum or residual portion of the estate that would have been given to the primary beneficiary) to Friends of Friends Medical Support Fund, a nonprofit corporation as described in section 170(b) of the Internal Revenue Code, located at PO Box 812, Langley, WA 98260 to be used for its tax-exempt purposes.