
What is a planned gift?
Planned giving is an option for donors at all income levels. Through a planned gift, you can support the future needs of patient care and grief support. Most planned gifts are made after your lifetime and allow you to make an impact to an organization dear to your heart.
You can make a significant gift without changing or impacting your current lifestyle. With planned giving, you have various options.
Maximize Your Impact
It is the privilege of Ohio’s Hospice to provide comfort and dignity to those in our care. Help those you love to honor your final wishes and leave a legacy today. Through our partnership with Freewill make your plans for the future and gift moments of peace and comfort to others. Our partnership with FreeWill allows you to maximize the impact of your donations by offering creative ways to give that are beneficial to you and our mission. Click below to find resourceful, tax-savvy ways to give.
Bequest
A bequest is a gift made during your lifetime through your will or a living trust. If you already have one, your attorney can amend your current plans with a one-page document. You can choose to leave a specific amount or a percentage of your estate. Minimize the cost and delays of the probate process with a revocable living trust. To take full advantage of your revocable living trust, you need to transfer your assets and property to the trust during your lifetime.
Beneficiary Designation
Beneficiary designations may be made on retirement plans, insurance policies, bank accounts and stocks/bonds. You may appoint a not-for-profit as a beneficiary for the full face value or a percentage of the value of your accounts. If beneficiaries are properly set for these non-probate assets, ownership can transfer faster than your assets that must go through probate.
Gifts that Pay You Back
Tailor income streams, diversify assets, and leave a lasting legacy through the flexibility of a Charitable Remainder Trust. You transfer your assets to a trust that pays a fixed or variable rate to you or another designee. Payments can be for your life or a designated amount of years (up to 20). When the terms of the trust expire, the remaining assets assigned to the trust go to your charity of choice. Enhance your giving strategy by providing immediate support to our mission, while safeguarding assets for loved ones later, with a Charitable Lead Trust. The trust pays the fixed or variable rate to your designated not-for-profit for a set number of years. When the terms of the trust expire, the assets are designated back to you or another designee.
Non-Cash Assests
Qualified Charitable Distributions (QCD), Donor-Advised Funds (DAF), stocks and securities, real estate,and cryptocurrency often come with greater tax benefits, increasing the overall value of your contribution while making a sizable impact on our mission.
Important Document Checklist
Below is a checklist of items that should be kept in one place. A trusted loved one or the executor of your estate would need access to these documents.
- Key to your property
- Computer user ID and passwords
- Durable Health Care Power of Attorney (POA)
- Living Will
- Power of Attorney (POA)
- Most current estate planning documents/will
- Trust documents
- Bank information
- Safety deposit boxes
- Driver’s license copy
- Health insurance and/or Medicare cards
- Marriage and/or divorce papers
- Military documents
- Land deeds
- Vehicle titles
- Stock and bond certificates
- Business agreements
- Outstanding loan information and/or other debt
- Tax returns
- Insurance policies
- Retirement accounts
- Annuity accounts
For more information, please contact Lori Poelking-Igel, President, Ohio’s Hospice Foundation at LIgel@OhiosHospice.org or call 937.723.2891.
Disclaimer: Links on this page will leave the Ohio’s Hospice website. By selecting an option below, you will be directed to FreeWill’s external website. Ohio’s Hospice provides these links for your convenience and is not responsible for the content or accuracy of the information found on FreeWill’s website. Please review FreeWill’s privacy policy and terms of use for more information about their practices and security measures. By proceeding, you agree that Ohio’s Hospice cannot be held liable for any interaction or transaction that may occur as a result of visiting FreeWill.