If you are considering a bequest to the Medic One Foundation, there are several possibilities: a cash bequest, a gift of property, a share of the residue of your estate or the remainder of a trust after the lifetime of a family member. The following language may be helpful to your attorney in facilitating your bequest to the Medic One Foundation.
You may be able to direct your attorney to prepare a codicil, or amendment, to your existing will. It is usually not necessary to revise the entire document. To provide for the Medic One Foundation through a will, the following sample language is recommended.
If you have included us in your will, please let us know. Contact Kim Duncan Martin at firstname.lastname@example.org or 206-744-9427.
“I give, devise and bequeath [insert the sum or description of the property] to the Medic One Foundation, 325 9th Ave., MS 359747, Seattle, Washington 98104.”
“I give, devise and bequeath to the Medic One Foundation, 325 9th Ave., MS 359747, Seattle, Washington 98104 all [or a portion - for example fifty percent] of the rest, residue and remainder of my estate.”
“In the event that [insert name of primary beneficiary] shall not survive me, or shall die within ninety (90) days from the date of my death, then I give, devise and bequeath all of the rest, residue and remainder of my estate to the Medic One Foundation, 325 9th Ave., MS 359747, Seattle, Washington 98104.”
The above samples of bequest provisions are designed to provide unrestricted gifts to the Foundation, to be used wherever the need is greatest. However, you may prefer to restrict your bequest for a specific purpose or program, such as research, paramedic training or emergency medical equipment.
Also, you may choose to establish an endowed fund through your bequest. Because only the interest income from the fund is used, your gift insures that the outstanding quality of care provided by Medic One will continue today as well as in the future. An endowed fund may be named after yourself or your family, your parents, or other individuals you wish to honor.
Individuals who are considering a bequest to the Medic One Foundation are encouraged to contact the Foundation office to ensure that the Foundation is able to conform to any specific desires or requests that may be included in the bequest.