Bequests large and small have contributed to the good fiscal health of Children’s Specialized Hospital for over a century. Bequests qualify for an unlimited charitable deduction, which reduces one's estate taxes and preserves more of the donor's assets for family and other intended beneficiaries. The following language is suggested for attorneys:
"I give, divise, and bequeath to the Children’s Specialized Hospital Foundation incorporated under the laws of the State of New Jersey, and having its principal administrative offices at 150 New Providence Road, Mountainside, NJ 07092 without reduction for any tax occasioned by my death the sum of.... dollars and/or the following described property .... to be used for (1) its general purposes, or (2) a specific program or purpose, agreed to in advance by Children’s Specialized Hospital Foundation."
All new bequest intentions received from donors aged 70 and above will be reviewed by CSHF representatives for proper recognition and credit per planned gift valuation policy.