Your Will: Getting Started
What Your Will Can Do
Why do you need a will? Because it allows you to:
- Direct the division of your property the way you choose—not the way the state decides.
- Make special financial arrangements for your family members who are minors, disabled or unfamiliar with money management.
- Name a guardian for your minor children.
- Select an executor (personal representative) who is well-qualified to settle your estate promptly and economically, with careful attention to your wishes.
- Provide vital support for your favorite charitable institutions. Learn more about making a gift to us through your will.
- Devise an estate plan, with the help of a qualified attorney and other advisors, to minimize the taxes on your estate.
- Just a few sentences in your will are all that is needed.
Thank you for considering a gift to OHSU through your will or revocable living trust.
It is important that the bequest designation read "OHSU Foundation." The foundation has been established to receive, manage, and disperse funds in the best way possible for the benefit of OHSU.
Basic Sample Bequest Language
"I hereby give, devise and bequeath ________ (a specific dollar amount or percentage of the residue of my estate) to the Oregon Health & Science University Foundation, a non-profit corporation of the State of Oregon, to be used to further the purposes of the Oregon Health & Science University in the area of greatest need."
If you wish to direct your gift to a specific area, we would be happy to help you with appropriate language. Please contact the Gift Planning Department at 503-228-1730 or 800-462-6608 or firstname.lastname@example.org.
Oregon Health & Science University (OHSU) Foundation (Tax ID # 23-7083114)
1121 SW Salmon Street, Suite 100
Portland, OR 97205-2020
Everyone needs a will, no matter if he or she is young or old, sick or healthy, single or married.
If you leave this world without a will, your assets will be distributed according to state law and your wishes will not be fulfilled. Likewise, having an outdated will also means that your current intentions will not be carried out. So when change occurs in your life, remember to update your will.
|Learn more about basic estate planning.|
Contact your estate planning attorney for more information on wills. To learn how to include a gift to us in your will, please contact Office of Gift Planning at Toll Free 800-462-6608 or 503-228-1730 or email@example.com.
Getting Started | 4 Steps to Your First Will | Case Study | When and How to Update Your Will | What Your Will Can't Do | How to Find an Estate Planning Attorney | Action Items