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Will Power
 Through
your Will you have the power to share in your family's
financial future as well make gifts of cash or property to charitable
causes you believe in. If you are considering a gift to the Hospice
Society in your Will, a family discussion is important to ensure
peace of mind concerning the future. Your heirs will feel secure
that you care most about their continued well-being and they will
have an understanding of your desire to leave a legacy for others.
The Gift Everyone Can Afford
To make a significant future gift at an affordable
present cost, consider Life Insurance. The Hospice
Society can be named as the beneficiary of either a new or existing
Life Insurance Policy. Alternatively, ownership of the policy can
be transferred to the Hospice Society. The tax treatment and control
over the policy differ depending on whether or not you retain ownership.
A Gift For Hospice - Income For You
If you wish to make a substantial gift to Hospice
today and continue to receive the income generated by the donated
property during your lifetime, consider a Charitable Remainder
Trust. Although a capital gain may be realized on the transfer
of the property it should be more than offset by the donation credit.
A Gift For Hospice - Increased Cash
Flow For You
A Charitable Gift Annuity is
a variation on the Charitable Remainder Trust. Property is transferred
to the Hospice Society and the Society pays you an income annuity
for the remainder of your life. By choosing the Charitable Gift
Annuity you could increase your immediate disposable income and
create a substantial gift to Hospice.
Give It And Enjoy It
The Residual Interest Gift allows
you to donate a valued possession - such as a piece of artwork or
your home - to Hospice today and affords you the opportunity to
continue to enjoy it as long as you live. You will receive a tax
receipt for the "residual interest" that will eventually
pass to the Hospice Society.
A Gift Today
The gift that goes to work today is called an
Outright Gift. The Hospice Society will put your
gift to immediate use in the provision of the highest quality hospice
palliative care or, if you prefer, all or part of your gift may
be endowed for the future. Outright Gifts include cash, real estate,
publicly traded securities and other tangible property. You will
receive a donation tax receipt immediately for the full market value
of your gift. The tax advantages differ depending on the type of
gift.
I Want To Partner With Hospice To Ensure Quality End of Life Care
In My Community.
To find out more about how you can partner
with Hospice, contact Brenda Thorlakson, Executive Director at 503-1800
or fill in our online form below.
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