Gifts by Will or Living Trust

A charitable bequest is a gift you make to a charity through a provision in your will or in a trust.  Your bequest can take any of several forms: 

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• A percentage of your estate or fixed sum of money.
• One or more particular assets, such as shares of stock.
• Some or all of what remains of your estate after making other bequests and paying debts and expenses.
• A gift that is made only under certain circumstances (a “contingent” gift).

Why make a bequest?

• Simplicity: A bequest is easy to arrange and often involves just a sentence or two in your will.
• Flexibility: As your financial picture changes, a bequest can be altered, so long as applicable legal requirements are met.
• Tax Savings: If your estate may be subject to federal or state estate taxes, you’ll be pleased to know a charitable bequest is completely deductible.

Sample Bequest Language

Just getting started with your will?

Through our partnerships with MultiCare Health System and FreeWill, we are pleased to offer you a free tool to create a simple will in just 20 minutes. There’s absolutely no requirement to include a bequest to Overlake—but if you do, you’ll be helping ensure that world-class healthcare is here for the community into the future.

Make a Will

Please let us know 

When you inform Overlake Medical Center Foundation of your estate gift, you help us plan for the years ahead. In addition, you give us an opportunity to express our sincere appreciation and welcome you to our Benefactor Society. 

For further information or if you have questions about the proper designation of a bequest or other estate gift, please contact Laurie Ramacci Noegel by phone at 425.688.5533 or by email at laurie.ramaccinoegel@overlakehospital.org.