ja_mageia

You can invest in the future of finding effective treatments and a cure for neurofibromatosis by including the Children's Tumor Foundation in your estate plans. Through a bequest, trust, or other planned gift you can help ensure that the Children's Tumor Foundation will have the funds needed for tomorrow's programs, treatments and research. A generous anonymous donor gives the Foundation an immediate $500 gift every time we are included in someone's will, so you can make an impact "today" and "tomorrow." You just need to let us know about your plans. If you already have a will, a simple codicil can be added to include the Children's Tumor Foundation as a beneficiary.

Including the Children's Tumor Foundation in your estate also helps you minimize your taxes and maximize your gifts to other heirs. For more information please call the Development Office at 1-800-323-7938 or email us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Thank you for your interest in making a planned gift to Children's Tumor Foundation. We appreciate your consideration of our work and your willingness to support it at a significant level. The following is a brief overview of some of the gift planning vehicles that Children's Tumor Foundation accepts.

Wills

A current valid will should be an integral part of every person's estate plans. If you die without a valid will (intestate), your entire estate is divided among your heirs, according to the laws in your state of residence, regardless of your wishes. Without a will, the opportunity for charitable gifts is eliminated and there will be no consideration given to friends or favorite charities. If you have no living relatives, all of your property will be turned over to the state. In addition, the absence of a will can cause long and costly delays in the settlement of your estate. Contrary to what many people believe, married people do need a will. Property not held jointly will pass according to the laws of intestacy.

Bequests

To make a gift to the Children's Tumor Foundation through your will, a bequest is the vehicle to use. The characteristics of a bequest are as follows:

	A bequest allows you to make a substantial gift to the Foundation without depleting assets during your lifetime.
	You can draft a new will or add a codicil to an existing will to make the bequest.
	You can change your mind and modify or, if necessary, even revoke a bequest any time prior to your death or incapacity.
	You can leave a specific dollar amount or, in the alternative, a percentage of the residue of your estate to the Foundation.
	Your charitable bequest gift reduces the estate tax

There are four ways of making a bequest, or provisions for your beneficiaries. Each has advantages and disadvantages, and should be reviewed with your attorney.

	General Bequest - designates that a particular beneficiary receives a specified sum of money or a fixed percentage of your estate.
	Specific Bequest - gives a specific item. If you dispose of that item during your lifetime, the beneficiary will receive nothing.
	Residuary Bequest - disposes of the assets remaining after all debts, expenses, taxes, and all general and specific bequests are paid. Residuary bequests frequently dispose of the bulk of the estate. Any significant change in the value of assets in the estate will have a major effect on the size of the residue.
	Contingent Bequest - enables you to designate one or more beneficiaries who will receive a legacy only if a primary beneficiary predeceases you or is otherwise unable or unqualified to inherit.

Once you determine the kind of bequest you would like to include in your will, consult your attorney.

To make a bequest gift of cash, securities, or real property to the Children's Tumor Foundation, The following language can be used in your will...

"To Children's Tumor Foundation, Inc., a 501(c) not-for-profit organization, incorporated under the laws of the State of New York in 1978, having its principal address at 95 Pine Street, 16th floor, New York, NY 10005."

For gifts of cash or securities include the following:

"I herby give and bequeath [($ amount) or (% of total estate) or (# of shares of XXX corporation)]."

For gifts of real property:

"I hereby give and devise my real property located at (property address).

For residuary bequest:

"I hereby give and bequeath my residuary estate as follows: (include the specific directions)."

For contingent bequests:

"I hereby give (description of property) to Children's Tumor Foundation, only if (name of beneficiary) predeceases me or disclaims any interest in such property."

Please note: Through an anonymous donor, any bequest made to Children's Tumor Foundation will result in an additional and immediate $500 gift being made to the Foundation. Should you decide to include the Foundation in your estate, please notify our Development Office in writing so that we may process this generous additional gift.