Bequests

By including United Cerebral Palsy of New York City in your Will, you are leaving a legacy that will enable children and adults with disabilities to lead more productive and independent lives. You may designate a bequest in your Will by preparing a new Will or adding a codicil to your existing one. We recommend that you consult with an attorney to ensure that your wishes are carried out appropriately.

Types of Bequests

Bequests to United Cerebral Palsy of New York City can take any of the following forms:

• A specific dollar amount.
• A residuary bequest in which UCP/NYC receives all or a percentage of the remainder of your estate after all obligations are met.
• A contingent bequest in which UCP/NYC becomes the beneficiary only if the named beneficiary is unable to accept the bequest.
• A specific dollar amount or a percentage of the adjusted gross estate as determined for federal tax purposes, whichever is the lesser.

A number of our friends provide life income in their Wills for survivors, with the principal eventually going to UCP/NYC. We would like to share with you and your advisors the tax and financial benefits of those gifts.

Specimen Bequest Clauses

The following specimen clauses are useful in making a bequest:

Unrestricted Specific Dollar Bequest

"I give the sum of $______ to United Cerebral Palsy of New York City, Inc. located at 80 Maiden Lane, New York, New York 10038 for its general purposes."

An unrestricted bequest is most useful to UCP/NYC because it allows the organization to use your gift wherever it is most needed.

A Specific Legacy

"I give [the sum of $_______] [or all or _______% of the residuary of my estate] to United Cerebral Palsy of New York City, Inc. located at 80 Maiden Lane, New York, New York 10038, for the following purpose: ______________________." (state purpose)

Important: If you do specify a use for your bequest, the following language will assure that your gift always remains productive:

"If, in the opinion of the Board of Directors of the United Cerebral Palsy of New York City, Inc., the designated use of the bequest is no longer practical, or appropriate, and in their judgment the organization is better served by using the income for the Organization's general purposes, the income may so be used, giving consideration, where possible, to my special interest."

Gift of Residuary Estate

"I give all (or ______% of the residuary) of my estate to United Cerebral Palsy of New York City, Inc. located at 80 Maiden Lane, New York, New York 10038."

Tax Benefits

An outright bequest is fully deductible for estate tax purposes.

For More Information

Click here to request free planned giving materials, including information on "How to Make a Will That Works" and your own "Personal Profile Booklet for Effective Estate Planning."

To contact our Development Office directly, you may e-mail us at wwhite@ucpnyc.org