Ways to Give Tomorrow
Planned or deferred gifts made to the Boscobel Area Health Care Foundation are invaluable contributions to the accomplishment of its long-term goals. In addition to supporting the BAHCF Campaign with your gift today, you can endow the future of the Foundation and the Hospital by giving a planned gift. Long after this current Campaign is completed, your planned gift will endow the Foundation to support future capital needs. Planned or deferred gifts may take any of a variety of forms.
Bequests
Provide meaningful and substantial support by a provision in your will for the Boscobel Area Health Care Foundation while retaining full use of the gift during your lifetime. Bequests may be a lump sum, a percentage of your estate, what's left in an estate after all other obligations are met or a particular item or piece of real estate or other property.
Life Insurance
Receive immediate and long-range income estate tax benefits by naming BAHCF as the irrevocable beneficiary and owner of a life insurance policy. If you elect to do so, you may continue paying what become tax deductible premiums. The full value of the policy, with no reduction for estate tax, will come to the Foundation for the benefit of future generations served by Boscobel Area Health Care. Because of the complexity of insurance policy gifts, the donor is encouraged to consult IRS rules, his/her own tax advisor, and the Foundation.
Charitable Lead Trusts
To transfer wealth in a tax-advantaged manner, create a trust that produces income payable to the BAHC Foundation. After what is usually a ten-year term, the trust assets are then passed to your family or to other beneficiaries of your designation.
Charitable Remainder Trust
Create a trust in which you place money or property with instructions to pay you or another person income, in most cases for life. The income will be a set percentage of the trust's value. When you or the person receiving the income passes on, the “remainder” of the trust passes to the BAHC Foundation.
Living Trust
Maintain ownership of your assets during your lifetime and make provision to distribute them to the BAHC Foundation after your death. If you wish, the BAHCF benefit can be deferred while lifetime benefits are paid to a spouse or another designated beneficiary.
Gift Annuity
You can make a gift for the future benefit of BAHCF and retain fixed lifetime annuity payments for yourself or other beneficiaries. After the death of the last beneficiary, the principal goes to the Foundation.
Life Estate
Transfer property to the BAHC Foundation even as you retain your rights of use or income privileges. The property passes to the Foundation after the death of the last beneficiary.
