Your will is an important legal document that ensures your estate is distributed according to your wishes.  It also represents an opportunity to make a gift to the T&DH Foundation.  A bequest in your will can provide significant resources, and will have a major impact on the continuing needs of T&DH Foundation.

One of the easiest methods of arranging a planned gift, a bequest by will, is becoming an increasingly common method of making a gift to the Foundation.

If you already have your will drawn up and would like to make a bequest, your lawyer can assist you in adding a codicil which is a simple attachment or amendment to your will.  By simply adding a codicil, the full cost of drafting up a new will is eliminated.

Advantages:

• Very flexible, assets allocated to the Foundation within a will, remain under the control of the donor until death.
• The gift can be revoked at anytime by simply changing the will.
• Bequests can take many forms such as: real estate, cash, securities etc.
• Donors can stipulate that the donation be a percentage of the estate or a fixed dollar amount.

Drawbacks:

• Surviving dependents may challenge the will in court.
• Creditors may also challenge the will in court.
• The donor will not witness the benefits that their gift will provide.

The T&DH Foundation strongly recommends that you consult your own advisor(s) to ensure that your gift is tailored specifically to your needs.