We certainly appreciate your willingness to consider an estate gift to Madison County Health Care System. To assist you in meeting your desire to leave a legacy we provide this information regarding the wording for your gift. It should be noted that the appropriate wording for making a gift depends on the type of gift, state law and your unique circumstances. We encourage you to consult an attorney to ensure your wishes are met.
Unrestricted General Legacy:
I give to The Madison County Health Care System, Winterset, Iowa, the sum of _________ for its general purposes.
Specific Legacy:
I give (specific personal property item(s) and/or real property) to The Madison County Health Care System, Winterset, Iowa, for its general purposes.
Gift or Residuary Estate:
All the rest, residue and remainder of my estate, both real and personal, and wherever situated, I give, devise and bequeath to The Madison County Health Care System, Winterset, Iowa for its general purposes.
Gift for a Specific Purpose:
I give, devise and bequeath to The Madison County Health Care System, Winterset, Iowa, the sum or (or property herein described), to be used for (insert your intent for the gift to be used). At any time, however, in the event the original purpose of the gift no longer exists as determined by the Madison County Health Care System Board of Trustees, said Trustees shall redirect the proceeds of this gift to another purpose as determined by the Trustees.
As aforementioned, you are strongly encouraged to seek legal assistance in the writing of your estate plans to ensure your wishes are met.
The Madison County Health Care System, (including Madison County Memorial Hospital, The Earlham Medical Clinic, and Health Trust Physicians Clinic) is recognized as a not for profit organization and your gifts are tax deductible as permissible by law.