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Leave a legacy through planned giving to Silver Hill Hospital
Your planned gift to Silver Hill Hospital creates a legacy that will offer hope to patients and families struggling with mental health and addiction challenges. The simplest way to make a planned gift is through a bequest.
A bequest is a gift, made through your will, that provides support to Silver Hill after your lifetime but costs you nothing now. You can leave a gift of a specific dollar amount, a piece of property, or a percentage of your estate.
If you choose to make a planned gift, it can be a very effective strategy. Here’s how it can benefit you:
• Better tax planning
• Important economic advantages to you and your family
• The ability to make a much larger gift than you ever thought possible • The income from certain life income plans may help you to transform
low-yielding investments into a new source of income for yourself and/or other family members
Sample wording to make a bequest to Silver Hill Hospital:
“I give and bequeath to Silver Hill Hospital, 208 Valley Road, New Canaan, Connecticut 06840, federal tax identification number 06-0655139, ____% of my total estate (or $ ____, or other property).”
The wording above would allow the hospital to use your bequest without restriction; in other words for the most important needs or opportunities at the Hospital in the future, when the gift is received.
If instead you would like to add a specific designation to your bequest (so that it would be used for a specific purpose at the Hospital), please contact us.
We would be happy to work with you to draft a simple agreement that would be used to guide the use of your bequest per your wishes.
For more information, please contact The Advancement Office at 203-801-2398.
208 Valley Road | New Canaan, CT 06840
www.silverhillhospital.org
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SILVER LININGS MAGAZINE | PREMIERE ISSUE 2020