A bequest may be made in your will or trust directing a gift to St. Petersburg Free Clinic.
Benefits:
+ One of the easiest ways to make a planned gift.
+ Receive estate tax charitable deduction.
+ Lessen the burden of taxes on your family.
+ Leave a lasting legacy.
Options:
+ Gift of a specific dollar amount.
+ Gift of a percentage of your estate.
+ Gift of a specific dollar amount or percentage of your estate for a particular purpose.
+ Naming St. Petersburg Free Clinic as a beneficiary of your retirement asset such as an IRA account. This is easily accomplished by filling out a beneficiary designation form provided by your custodian. The full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.
Below are some examples of wording to name St. Petersburg Free Clinic as a beneficiary.
SPECIFIC MONETARY AMOUNT: I hereby give and bequeath _______________________ Dollars ($__________________) to St. Petersburg Free Clinic located at 863 3rd Ave. N., St. Petersburg, Fl 33701, Tax I.D. # 23-7208280 to be used for general purposes.
PERCENTAGE OF RESIDUE OF ESTATE: I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to St. Petersburg Free Clinic located at 863 3rd Ave. N., St. Petersburg, Fl 33701, Tax I.D. # 23-7208280 to be used for general purposes.
RESTRICTED GIFT: SPECIFIC MONETARY AMOUNT: I hereby give and bequeath _____________________ Dollars ($__________________) to St. Petersburg Free Clinic located at 863 3rd Ave. N., St. Petersburg, Fl 33701, Tax I.D. # 23-7208280 to be used for [insert donor restriction].
RESTRICTED GIFT: PERCENTAGE OF RESIDUE OF ESTATE: I hereby give and bequeath ________ percent (_____%) of the rest and residue of my estate to St. Petersburg Free Clinic located at 863 3rd Ave. N., St. Petersburg, Fl 33701, Tax I.D. # 23-7208280 to be used for [insert donor restriction].
GIFT FROM A TRUST: [Insert contingency (e.g., Upon the death of my spouse)], the Trustee shall distribute ________________ Dollars ($__________________) to St. Petersburg Free Clinic located at 863 3rd Ave. N., St. Petersburg, Fl 33701, Tax I.D. # 23-7208280, free and clear of trust, to be used for general purposes.