Legacy Giving: Leaving a Lasting Legacy
Ways to Make a Legacy Gift
Include a Gift in Your Will or Trust
Flexible. Revocable. Easy to arrange.
You may leave: A specific dollar amount, percentage of your estate or the remainder (residue) of your estate.
Suggested Bequest Language
Specific Amount
"I give and bequeath the sum of $ ____ to Dolly Parton Children's Hospital, a nonprofit organization
located in Knoxville, Tennessee, for its general charitable purposes."
Percentage Gift
"I give and bequeath _____ % of my estate to Dolly Parton Children's Hospital, Knoxville, Tennessee, for
its general charitable purposes."
Residual Gift
"I give and bequeath all (or _____ %) of the rest, residue, and remainder of my estate to Dolly Parton
Children's Hospital, Knoxville, Tennessee, for its general charitable purposes."
Who might consider this?
Individuals who want flexibility are updating their estate plans or wish to make a significant future gift
without affecting current assets.
- Name the Hospital as a Beneficiary
A simple beneficiary designation can make a powerful impact.
Consider naming the hospital as a beneficiary of:
• IRA, 401(k), or other retirement accounts
• Life insurance policies
• Donor-Advised Funds
• Bank or investment accounts (POD/TOD)
Who might consider this?
Those with retirement accounts, life insurance policies, or Donor-Advised Funds who want an easy,
tax-efficient way to give.
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Give Appreciated Assets
Donating stocks, mutual funds, or real estate may help you:
• Avoid capital gains tax
• Maximize the value of your gift
Who might consider this?
Donors who hold long-term appreciated investments and want to give in a tax-smart way.
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Establish a Charitable Trust Charitable remainder or lead trusts can:
• Provide income to you or loved ones
• Offer potential tax benefits
• Support the hospital in the future
Who might consider this?
Individuals with larger or more complex estates who want to balance income planning, tax strategy, and charitable impact.
Not Sure Where to Start?
If you answer "yes" to any of the questions below, a planned gift may be right for you:
- Do you want to make a larger impact than may be possible during your lifetime?
- Do you have retirement assets that may be heavily taxed if left to heirs?
- Are you updating your will or beneficiary designations?
- Do you own appreciated stock or property?
- Would you like to support children and families without affecting your current income?
If so, we would be honored to have a confidential conversation with you.
Start the Conversation
We welcome the opportunity to work alongside you and your professional advisor to create a plan that reflects your values and goals.
Kolby Williams | Major Gifts Officer
KolbyWilliams@DollyChildrens.org
office (865) 541-8689 | cell (865) 804-0558
Your legacy can bring hope, healing, and brighter futures for children for generations to come.
