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 family, friends or Ann & Robert H. Lurie Children's Hospital of Chicago Foundation as part of your estate plan.
A bequest can be made in several ways:
You can gift a specific dollar amount or asset
You can gift a percentage of your estate
You can gift from the balance or residue of your estate
You can make a beneficiary designation of certain assets. To designate Lurie Children's as the charitable beneficiary of an IRA, life insurance policy or donor-advised fund (DAF), simply share the below information with your administrator:
Legal name: Ann & Robert H. Lurie Children's Hospital of Chicago Foundation Address: 225 E. Chicago Avenue, Box 4, Chicago, IL 60611 Federal Tax ID: 36-3357006
How do I make a bequest?
You can make a bequest to Lurie Children's by including language in your will or living trust leaving a portion of your estate to Lurie Children's or by designating Lurie Children's as a beneficiary of your retirement account or life insurance policy.
Sample bequest language for a will, codicil, or revocable living trust:
I give (legal description of property, specific dollar amount, desired percentage or rest, residue and remainder of my estate) to Ann & Robert H. Lurie Children's Hospital of Chicago Foundation, an Illinois not-for-profit corporation, located at 225 E. Chicago Avenue, Box 4, Chicago, Illinois, to be used in support of its mission OR to support (program or department) at Lurie Children's.