Planned Giving

A legacy from you to Cenikor...

can lead to a better future for thousands.

A bequest to Cenikor can be included in the body of your will or in an addition to it (codicil), and allow our facilities to continue treating those most in need. We would like to respectfully request that you remember to add Cenikor to your beneficiaries in order for us to be able to help people recover and lead exceptional lives well beyond recovery.

Estate Planning and Planned Giving are complicated matters. However, choosing the right professionals to help you with them will simplify the process for you, your loved ones and your beneficiaries. To get started, seek out these experts in order to ensure your wishes are met:

  • An estate planning lawyer.
  • A Certified Public Accountant:
  • A financial advisor or life insurance professional
  • A trust officer
  • A charitable gift planner

You may designate your bequest for a specific purpose/program. Testamentary gifts to Cenikor may be deductible for tax purposes.

To name Cenikor as a beneficiary, please use this language: Cenikor Foundation.

Frequently Asked Questions

  • What is Planned Giving?
  • What Documents are Required?
  • In What Ways can a Testamentary Gift be Given?

What is Planned Giving?

If you have possessions, you have an estate. Their orderly care during your lifetime represents financial management. Their disposition after your lifetime is called estate settlement.

Deciding in advance how this will be done is known as Estate Planning. If part of your estate planning is to give to a charity, this is considered Planned Giving.

What Documents are Required?

The experts listed above will help you with developing and organizing these six essential Estate Planning documents:

  1. Your will
  2. A trust
  3. Life insurance policies
  4. Retirement plan accounts and employee benefits
  5. Durable power of attorney for finances
  6. Living will and health care power of attorney

In What Ways can a Testamentary Gift be Given?

Residuary Bequest – You may state that all or a po1tion of your estate be given to Cenikor after specific amounts are distributed to other beneficiaries.

Specific Bequest – You may stipulate that a certain percentage of your estate, or a certain dollar amount, or particular securities or other assets to be given to Cenikor.

Testamentary Charitable Trust – You may establish a unitrust or annuity trust for specific beneficiaries through your will. The trust principal is transferred to Cenikor only after the death of the last trust beneficiary.

The material presented on this Planned Giving website is not offered as legal or tax advice.