Bequests

One of the simplest methods of a deferred gift is a Bequest to Linden Hall School through your Will or Revocable Living Trust. You may leave a gift through a bequest of cash, securities, or other assets; a percentage of the estate; or the residuary estate, which is the balance left after other estate obligations have been paid.

If you would like to add a Bequest to a current will, you can do so by adding a simple codicil to your existing Will. The amount given to the school will not be subject to estate tax upon your death.

Example of Gift Language

I give and devise to Linden Hall School (Tax ID #23-1352656), located at 212 East Main Street, Lititz, PA. 17543, the sum of $___________ (or asset) to be used for general support of the school. (or for support of a specific fund or program).

Residual Gift Language

A residual bequest comes to the school after your estate expenses and specific bequests are paid.

I give and devise to Linden Hall School (Tax ID #23-1352656), located at 212 East Main Street, Lititz, PA. 17543, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support of the school (or for the support of a specific fund or program).

Contingent Gift Language

Linden Hall School or its affiliates can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:

If (insert name) is not living at the time of my demise, I give and devise to Linden Hall School (Tax ID #23-1352656), located at 212 East Main Street, Lititz, PA. 17543, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for general support of the school (or for support of a specific fund or program).

Retirement Plan Beneficiary

You may name Linden Hall School (Tax ID #23-1352656) as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts. Naming Linden Hall as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. By naming Linden Hall as a beneficiary of a retirement plan, the donor maintains control of the asset while living, but at the donor's death the plan passes to support Linden Hall free of both estate and income taxes.

Simply request a Change-of-Beneficiary form from your plan administrator. Upon completion, return the form to your plan administrator and notify Linden Hall School.

Appreciated Securities

A gift of appreciated stock that has been held for more than one year can be contributed to receive an income tax deduction for the fair market value on the date the contribution is made. If the stock has appreciated in value, you avoid a capital gains tax.

Linden Hall School’s Electronic Stock Transfer contribution process:
Transfer: Bank of New York DTC participant account #901
Fulton Financial Advisors Account: 092651 for recipient Linden Hall School 40F061010

Life Insurance

Life Insurance ownership can be transferred to the school. The donor will receive an income tax deduction for all or a portion of the value of the policy at the time of the gift.

Disclaimer: Any information pertaining to giving options or tax benefits on the Linden Hall website or otherwise provided by the school is of general educational nature only and does not constitute, or substitute for, legal advice. Please seek competent legal advice regarding how any gift to Linden Hall may affect your personal situation.

Linden Hall School’s tax identification number is: 23-1352656


CONTACT

For more information, please contact Jade Honey, Director of Advancement, at jhoney@lindenhall.org or (717) 626-8512 x 109.