Leaving a legacy or planned gift allows you to make a lasting impact on the lives of patients and families while taking advantage of unique tax savings and/or income benefits. The following are the most common types of planned gifts. Donors should consult with their own professional advisors regarding a legacy or planned gift.
A bequest through a will or living trust does not reduce your current income yet enables you to provide substantial future support for a cause you care about. To find out more, click here to learn how to become a member of The 1979 Legacy Society.
Charitable Remainder Trust
A Charitable Remainder Trust is a special tax-exempt trust to which you can give appreciated stock or real estate. The trust then provides you with an income stream for life, and upon your death, all assets remaining in the trust pass directly to Hospice of Lansing. You also bypass all capital gains taxes on the appreciated property and further receive a current charitable income tax deduction.
A gift of life insurance enables you to make a substantial future gift to Hospice of Lansing & Stoneleigh Residence. You can donate a policy you already own that no longer serves its original purpose, a policy you buy to specifically benefit Hospice of Lansing or a policy in which you name Hospice of Lansing and/or Stoneleigh Residence as a contingent beneficiary.
Qualified Retirement Plan Assets
Using a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, TIAA/CREF or other pension plans may provide another gift option. Qualified retirement plan assets are different from most other assets a person owns. At death, most retirement plans are subject to an estate tax and income tax. Because of the income tax levied on most retirement plan assets when they are transferred, those assets are ideal to fund a charitable gift at death. Please Note: For all types of legacy or planned gifts, we encourage you to discuss your options with your financial advisor or attorney.
Please be sure to use our legal name and address in your estate planning needs. This will help your executor and attorney with the distribution you have planned. For assistance, download our end-of-life planning newsletter: A Reason, A Season, A Lifetime.
Hospice of Lansing & Stoneleigh Residences is honored to be recognized as a Capital Area United Way active partner and Affiliate throughout the tri-county area. As a CAUW Affiliate, our organization is eligible to receive donor designations because we meet the accountability standards, provide services locally, and work together to improve services for people in need.
Honoring your Loved One: Naming Opportunities
Over the years Hospice of Lansing & Stoneleigh Residence has received many wonderful gifts from donors who wanted to honor someone. Some of these have included rose bushes, trees, shrubs, and plants for Hospice of Lansing’s Stoneleigh Residence gardens, works of art in all our locations, a new stove in the Stoneleigh Residence kitchen, ornamental quilts, an upright piano, a Lift Aid to move patients, computer equipment, and a number of specially named rooms at the Stoneleigh Residence.
Making a donation in someone’s memory is a beautiful way the honor that person. We have many needs for special gifts and many opportunities for donors. If you would like to make this kind of donation, please contact our Development staff. You can also email us today.
Did you know that many area employers will double, or even triple, the generous gifts their employees or retirees make to Hospice of Lansing & Stoneleigh Residence? To find out if your employer matches your gift, please contact your human resources department. If your employer does match philanthropic donations, please send your company’s matching gift form along with your gift to Hospice. We will confirm receipt of your gift by signing the form and sending it back to your employer. We will also send you an acknowledgment of your personal gift.
Amazon Smiles & Kroger Community Reward
Hospice of Lansing & Stoneleigh Residence is a proud member of both Amazon Smile & Kroger Community Rewards.
Click the images below to sign up today!
Choose Hospice of Lansing (ID #KJ506) as your preferred charity. Kroger will donate a percentage of their charitable budget back to us!
To register, click the image below or go to www.krogercommunityrewards.com