Other Ways to Give (Donations)
Bequests
Gifts through Wills are popular because they are easy to arrange and may be changed
at your discretion. When properly drafted by a qualified attorney, a Will minimizes
estate settlement costs and taxes, arranges for your property to be managed as you
want, provides for your spouse, children, friends, and others you want to remember,
and allows you to support charitable organizations.
If you make a bequest to Visiting Nurse Service and/or Hospice, you can do so in
several ways, such as:
- You can leave a specific dollar amount.
- You can designate a percentage of your estate.
- You can arrange a trust in your Will to provide income to a loved one, with a gift
to Visiting Nurse Service and/or Hospice of Visiting Nurse Service resulting after
that person’s lifetime.
A charitable gift to VNS and/or Hospice of VNS through a Will is deductible for
applicable estate tax purposes.
Gifts of real estate
are acceptable donations, provided re-sale is permitted and able to be accomplished.
The charitable deduction amount will be based on an appraised market value.
Gifts
of life insurance
- Assigning your annual dividends
to Visiting Nurse Service and/or Hospice of VNS.
- Donating a paid-up policy you already
own by changing the owner and beneficiary to VNS and/or Hospice of VNS.
- Donating
a policy on which you are still paying premiums. You may deduct each premium as
a charitable gift.
Gifts of stock and securities
Easy to make and may have significant
tax advantages …
- A charitable deduction for the fair market value of the stock.
-
Avoidance of a capital gains tax.
Gifts of charitable trusts
- Including remainder,
revocable and living trusts, are an easy way to meet your needs now while providing
for Visiting Nurse Service or Hospice of VNS in the future.
Gifts in kind
- Such
as works of art, antiques, jewelry, etc. are acceptable donations, provided re-sale
is permitted if the item cannot be used by our agency. The charitable deduction
amount will be based on an appraised market value.
Thank you for your support. Questions
about planned giving and tax considerations for charitable giving should also be
discussed with your legal counsel or tax accountant.
Please call Visiting Nurse Service and Hospice Development Foundation if you would
like to discuss any of these options.
(330-665-1455 or 1-800-335-1455)
Please call Visiting Nurse Service and Hospice Development Foundation if you would
like to discuss any of these options.
(330-665-1455 or
1-800-335-1455)