The simplest form of an estate gift to Saint Luke Institute is a specific bequest in your will. Not only will you be creating a legacy, but you will be supporting SLI’s mission. Leaving a legacy in your will can offer tax savings since bequests to Saint Luke Institute qualify for an estate tax charitable deduction.
Drafting your will should be arranged with your attorney. Simple language to make a gift to Saint Luke Institute in your will is:
I give, devise or bequeath to Saint Luke Institute, Inc., a Maryland not-for-profit corporation, [(a stated dollar amount) or (a specified number of designated stocks or bonds) or (all or ___% of the rest, residue or remainder of my estate computed prior to provision for estate and death taxes)] to be used by its Board of Directors as it shall deem advisable to best promote Saint Luke Institute’s objectives.
You may also designate gifts for specific purposes, such as education, charity care or the Saint Luke Institute Endowment Fund.
Contact: Carolyn Boyle, 301-422-5405 and firstname.lastname@example.org