One of the simplest and most popular ways of supporting Lakewood Hospital Foundation is through a bequest in a will, or through the designation of the Foundation as a beneficiary of all or a portion of an IRA, Keogh, 401(k), 403(b), or other qualified pension plan. The full amount of a bequest or testamentary gift is deductible from a taxable estate. Bequests and testamentary gifts or qualified pension plans should be so specified in the terms of a will, trust or beneficiary designation form. Bequests can take various forms such as a specific bequest, a general bequest, a residual bequest or a contingent bequest.