Planned Giving Options

Bequests
The most popular type of planned gifts. Anything you leave to a charitable organization will reduce the size of your taxable estate, while helping a good cause. A bequest may be a specific dollar amount, a percentage of an estate or a specific asset. The entire value of a bequest is eligible for an estate tax charitable deduction. A bequest may place your estate in a lower estate tax bracket.

Life Insurance
When added protection of an insurance policy is no longer needed, transferring the policy’s ownership to Rockbridge Area Hospice can result in tax benefits for you and a generous gift to Rockbridge Area Hospice.

Wills and Revocable Living Trusts
A gift made through your will or living trust permits you to retain all your assets during your life. Designation may be for a percentage of your estate, a specified amount or for the residue of your estate.

Beneficiary Designations
You may add Rockbridge Area Hospice as a revocable beneficiary of your qualified IRA, pension plan, bank account or insurance policy.

Charitable Gift Annuity
In return for tax-deductible contributions, Rockbridge Area Hospice pays a fixed life income to you and/or a loved one. After your lifetime(s), the remaining balance passes to
Rockbridge Area Hospice.

Charitable Trusts
Charitable trusts can provide life income to you and/or a loved one. After your lifetime(s), the trust principal passes to Rockbridge Area Hospice. You may name other charities as principal recipients as well.

Charitable Lead Trusts
If you desire to retain ownership of the trust principal to meet future financial goals for
your family, but have ample income now, a charitable lead trust directs income from the
trust to Rockbridge Area Hospice for the specified terms of the trust. After that period
of time, the principal returns to you or your designee.

Rockbridge Area Hospice will be happy to help facilitate your gift, please call Judy Mauck, Executive Director, 540.463.1848 for more information.

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