The following clauses are suggestions for your consideration in making a gift to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin through your estate planning process. The following clauses, of course, are only examples and are not intended and shall not be construed as legal advice. Please contact your attorney for legal advice in your estate planning.
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General Bequest
I give and bequeath _______ dollars to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, to be used as the Foundation Board of Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin may direct.
Specific Bequest
I give, devise, and bequeath all my right, title, and interest in and to (describe the specific property), to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, for its general purposes.
Residuary Estate
I give my residuary estate, which is all the rest, residue, and remainder of my property, real and personal, of every kind and description and wherever located (including all legacies and devises that may for any reason fail to take effect), belonging to me at the time of my death or subject to my disposal by will to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, for its general purposes.
Contingent Bequest
I give and bequeath to (name of beneficiary) _______ dollars (or property, securities, etc., as described below), but if he (she) shall not survive me then I give and bequeath the same to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, to be used as the Foundation Board of Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin may direct (or for other purpose specified by testator-- i.e. education, equipment, programs, patient needs, etc.).
Endowment Bequest
with income to be (a) unrestricted or (b) restricted
I give, devise, and bequeath (describe the specific property or amount) to Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, an endowment fund (to be known as the _______ Fund); the principal amount to be invested and the annual income therefrom to be utilized (a) as the Foundation Board may direct or (b) for restricted purposes specified by testator (i.e. education, equipment, programs, patient needs, etc.) to the benefit of Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin.
Codicil to Last Will and Testament
I, ____________, hereby amend my Last Will and Testament, executed on the _____ day of _______, in the year _____. I direct that all provisions of that Will remain in effect but in addition direct that Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, a not-for-profit organization incorporated in the Commonwealth of Kentucky and located at 2701 Eastpoint Parkway, Louisville, KY 402231 Trillium Way, Corbin, KY 407011740 Nicholasville Road, Lexington, KY 405034000 Kresge Way, Louisville, KY 402072501 Kentucky Avenue, Paducah, KY 42003P.O. Box 1600, Richmond, KY 40476913 North Dixie, Elizabethtown, KY 42071, shall receive the sum of _______ dollars to be used as the Foundation Board of Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin may direct.
Savings Clause
In the drafting of all bequests having a restricted purpose, Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin requests that the donor and his (her) attorney incorporate a "savings clause." No one can anticipate beyond a few years the changes and developments in healthcare that can and will occur. Such a clause might read as follows:
If at the time this bequest is received by Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin, or at any time thereafter, the Foundation Board of said Baptist Health FoundationBaptist Health CorbinBaptist Healthcare System Inc., dba Baptist Health LexingtonBaptist Health Foundation Greater Louisville and La GrangeBaptist Health Foundation Paducah, Inc.Baptist Health Foundation Richmond, Inc.Baptist Health Hardin determines that all or any part of said income of the Fund can no longer be utilized to the best advantage for the organizational purpose designated herein, then all or any part of said income may be used for such other organizational purpose which, in the sole discretion of said Foundation Board, shall most closely carry out my intention.
Please contact Stephanie Cieslak, JD at 502.896.7048 or Stephanie.Cieslak@bhsi.com for more information.
