Wills / Bequests

A silhouette of a man with a young boy against the sunset.  They are flexing their biceps.

A gift to Driscoll Children’s Hospital in your will enables you to support our mission and make a difference in the lives of future generations. A bequest is easy to arrange, and can be easily modified to address your changing needs.

 

What are the benefits of making a bequest?

  1. You leave a lasting legacy to be remembered.
  2. You lessen the burden of taxes on your family.
  3. You may receive estate tax savings.

 

How do I make a bequest?

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to Driscoll Children’s Hospital as part of your estate plan.

What are my Options?

A bequest can be made in several ways:

  1. You can gift a specific dollar amount or asset.
  2. You can gift a percentage of your estate.
  3. You can gift from the balance or residue of your estate.
  4. You can make a beneficiary designation of certain assets.

 

Below is sample language that can be used to designate Driscoll Children’s Hospital as a beneficiary of your estate.

Residual Gift Language

A residual bequest benefits Driscoll Children’s Hospital after your estate expenses and specific bequests are paid:

“I give and devise to Driscoll Children’s Hospital Development Foundation (Tax ID #74-2358461), located in Corpus Christi, TX, 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 Language

Naming Driscoll as a beneficiary of a specific amount from your estate is easy:

“I give and devise to Driscoll Children’s Hospital Development Foundation (Tax ID #74-2358461), located in Corpus Christi, TX, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).”

Contingent Gift Language

Driscoll Children’s Hospital can be named as a contingent beneficiary in your will or living trust if one or more of your specific bequests cannot be fulfilled:

“If (insert name) is not living at the time of my demise, I give and devise to Driscoll Children’s Hospital Development Foundation (Tax ID #74-2358461), located in Corpus Christi, TX, 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).”


If you would like more information on planned giving, please contact Sean Pieri, Vice President of Development, at (361) 694-6405 or development@dchstx.org.