You don’t have to be Warren Buffett or Bill Gates to make a significant difference in the lives of others. Consider these cashless ways to support Hospice & Palliative CareCenter.
Open a POD account. A payable on death account is a regular bank account that names a person or charity as beneficiary of that account once the account holder dies.
Why it’s smart: Legal hassles can be avoided, and your favorite cause has resources to continue its important work.
Name Hospice & Palliative CareCenter as beneficiary of retirement plan assets. When your retirement plan assets are paid to individuals at your death, income taxes will be assessed to that individual. But a tax-exempt charity such as Hospice & Palliative CareCenter can inherit the assets without paying taxes.
Why it’s smart: You are able to turn your most tax-heavy assets into tax-free assets while making a difference in the lives of others.
Name Hospice & Palliative CareCenter as beneficiary of your life insurance policy. Your need for life insurance most likely declines with age, increasing its popularity as a charitable gift.
Why it’s smart: Your favorite cause receives a generous gift in the future without you having to give up assets today. A gift of life insurance is also a flexible way to give, because you are able to adjust your plans at any time throughout your lifetime.
A gift through a POD account or by beneficiary designation can make a profound impact in furthering our mission to provide compassionate health care. It won’t cost you a dime during your lifetime—and may just make you feel like a million bucks.
To learn more about the various ways to give that do not require cash, please contact Ellen Coble at 336-331-1312 or ellen.coble@hospicecarecenter.org.
Help us help others. Click HERE to donate now.
For more, Visit us online at: http://hospicecarecenter.org!
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