Facts for Advisors
Wills and Trust Language
Bequest language that can be used in a gift by will or living trust:
I give and bequeath to Cleveland Clinic Indian River Foundation, a not-for-profit corporation organized under the Laws of the State of Florida and having its principal office at 1000 36th Street, Vero Beach, FL 32960.
To make a cash bequest:
the sum of $_________ to be used by Cleveland Clinic Indian River Foundation for its general purposes.
To give a percentage of the estate:
_______ percent of my estate to be used by Cleveland Clinic Indian River Foundation for its general purposes.
To give a residual amount or remaining interest:
the rest, residue and remainder of my estate after all debts, expenses and taxes have been paid and all the general and specific bequests have been made, to be used by Cleveland Clinic Indian River Foundation for its general purposes.
To give a tangible asset or property:
_______ shares of common stock of __________ (or insert here a description of other property) owned by me at my death as these shares shall exist at the date of my death, to be used by Cleveland Clinic Indian River Foundation for its general purposes.
Please call Alexandria “Xan” Minton Anderson at 772.226.4971 if you have any additional questions.
Cleveland Clinic Indian River Foundation
1000 36th Street
Vero Beach, FL 32960
DTC Number: 0062
Account Number: 67377802
Point of Contact
Vanguard Institutional Investor Group
When securities are held in an account at a brokerage firm or a bank, they may be transferred electronically. The Foundation has an account with Vanguard Institutional Investor Group receiving gifts of securities.
Please call in advance advising them that the securities are forthcoming, so they can authorize acceptance to facilitate the transfer.
Also, please notify the Foundation office as soon as you have indicated your stock transfer transaction. Oftentimes stocks are transferred through a clearinghouse and the donor’s name is inadvertently omitted.
© Copyright by Sharpe Group. All Rights Reserved.