Legacy of Giving Society

We all know that dying without a will can be costly to your heirs, and leaves you no say over who gets your assets. However, with a little bit of planning, your will enables you to determine who will receive your assets after your death – providing for your heirs, reducing tax liabilities, and continuing your legacy of providing the poor and homeless with access to comprehensive health care through Gennesaret Free Clinics.

Bequests

Bequests through a will give you an opportunity to:

  • Provide for heirs and others who are important to you
  • Direct when such distributions are to be made
  • Create a legacy of charitable giving by indicating which organizations you wish to support
  • Preserve as much of your estate as possible through the use of tax-saving devices and opportunities.
  • Choose the individual or institution to carry out your wishes
  • Charitable bequests provide flexibility, as they may be changed at any time.

There are several forms of outright bequests:

  • General Bequest – A gift of cash, stocks, securities or property made from the general assets of the estate to Gennesaret Free Clinic, Inc.
  • Percentage Bequest – A percentage of your estate or residuary estate is left to Gennesaret. Through a percentage bequest, if the size of your estate changes, the bequest will change proportionally.
  • Contingent Bequest – name Gennesaret Free Clinic, Inc. as the contingent beneficiary in case the beneficiary dies before you or disclaims the property.

Ways to Make an Eective Legacy Gift

Here are some ways to bequeath a Legacy Gift to Gennesaret Free Clinic, Inc.:

  • Cash
  • Closely held stocks
  • Securities
  • Personal property

Or, you can name Gennesaret Free Clinic, Inc. as the beneficiary of a:

  • Living or revocable trust
  • Life insurance policy
  • IRA or other retirement plan
  • Bank account

Please Contact Rebecca.