Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to support the lifesaving work of Nicklaus Children’s Hospital for years to come — and they don’t cost anything now.
You can learn more about these special opportunities in our free brochure, Simple Ways to Create Your Legacy, and other complimentary planning resources. These resources are just a click away!
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Nicklaus Children’s Hospital Foundation. Once you have provided for your loved ones, we hope you will consider making advancements in pediatric care for children who need it most part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
- Lasting Impact: Your gift will create your legacy of championing children’s health.
- Flexible: You can alter your gift or change your mind at any time and for any reason.
- No Cost: It costs you nothing now to give in this way.
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Four simple, “no-cost-now” ways to give in your will
General gift
A general bequest is a gift of a specific amount.
Residuary gift
Specific gift
Contingent gift
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Nicklaus Children’s Hospital Foundation contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in support of Nicklaus Children’s Hospital’s most essential functions through the Foundation — and it costs you nothing now. By naming Nicklaus Children’s Hospital Foundation as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of amazing pediatric care.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes
- Reduce or avoid probate fees
- No cost to you now to give
- Create your legacy with Nicklaus Children’s Hospital Foundation.
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Types of Gifts
Retirement plan assets
You can simply name Nicklaus Children’s Hospital Foundation as a beneficiary of your retirement plan to support the Hospital’s work for generations to come.
Life insurance policies
You can name Nicklaus Children’s Hospital Foundation as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Nicklaus Children’s Hospital Foundation will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Nicklaus Children’s Hospital Foundation (Tax ID: 45-3481327) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward helping children thrive for generations to come.
Funds remaining in your donor-advised fund
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Nicklaus Children’s Hospital Foundation as a “successor” of your account or a portion of your account value, you help children and families in their moment of greatest need.
How to update a beneficiary designation:
Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.
Please use our legal name: Miami Children’s Health System, Inc. DBA Nicklaus Children’s Hospital Foundation
Include our tax identification number: 45-3481327
Please let us know so we can ensure that your wishes are carried out.
Share Your Legacy
If you have already included a gift in your estate plans to benefit the future of Nicklaus Children’s Hospital Foundation, be sure to let us know so that we may best honor your wishes.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!