Wills and Bequests
Preparing a will allows you to care for your loved ones while giving you the peace of mind that the life you lived will make a difference after you are gone. A bequest can be stated as a dollar amount, a gift of property, a percentage of assets or the remainder of your estate after providing for your family.
Charitable Remainder
Trusts A Charitable Remainder Trust allows you or a beneficiary to receive income for up to 20 years from a trust funded with cash, marketable securities, real estate or a combination of the three. When the trust term ends, the remaining property becomes a gift to HVCH Foundation while you receive an income tax deduction. Those funds will not be included in your estate. When using appreciated securities, the capital gain is generally not subject to tax.
Life Insurance
If you own a policy that you no longer need, you may name HVCH Foundation as a beneficiary to receive all or part of the proceeds. You can also obtain a new life insurance policy naming HVCH Foundation as the beneficiary.
Retirement Plans
You can designate a specific amount or a percentage of your retirement fund as a gift to HVCH Foundation. By using the fund to set up a charitable remainder trust, your loved ones can receive income for a time period with the remainder of the funds eventually benefiting the HVCH Foundation.
Charitable Lead Trusts
Some planned gifts don’t just benefit the donor; they also benefit a spouse, children or even grandchildren. You can ensure your family will be provided for at a later date while helping HVCH Foundation now. By establishing a Charitable Lead Trust, you could receive a gift tax deduction, with HVCH Foundation receiving the interest on the principal for a fixed number of years. You pre-determine the date.
Memorials and Honorariums
A gift in memory or in honor of someone special in your life will be remembered forever.
Naming Opportunities
By placing your name or that of a loved one on a building or other property at HVCH Foundation you are setting a shining example of giving to those around us. The guidelines for these opportunities are available by calling the HVCH Foundation.
Charitable Gift Annuities
These gifts are an opportunity for you to give a gift and throughout your lifetime receive direct income and a tax deduction. Most often the income is greater than current CD rates.
Please call 740-380-8336 if you need any additional information about how to give to the Hocking Valley Community Foundation.
