Will (bequest)

A bequest is a gift from your estate – a trans­fer of cash, secu­ri­ties, or oth­er prop­er­ty made through your estate plans. Remem­ber­ing the IMH Foun­da­tion with a bequest from your estate will help sus­tain and strength­en the hos­pi­tal for years to come, with­out less­en­ing your assets dur­ing your lifetime.

Char­i­ta­ble Remain­der Trust

A char­i­ta­ble remain­der trust allows you to con­vert a high­ly appre­ci­at­ed asset (such as a stock or real estate) into life­time income, with­out hav­ing to pay cap­i­tal gains or estate tax­es. The remain­der of the assets are paid out to the char­i­ty of your choice at the end of your lifetime. 

Retire­ment Plans

Qual­i­fied retire­ment plan assets can be left to the IMH Foun­da­tion with­out being sub­ject to the same income and estate tax­es that they would be sub­ject to if left to an indi­vid­ual. Nam­ing the IMH Foun­da­tion as a ben­e­fi­cia­ry can be a great way to leave a last­ing lega­cy, while focus­ing more tax-favored assets to your loved ones. 

Insur­ance Policy

The most tax-effec­tive way to donate life insur­ance is to trans­fer the pol­i­cy so that your char­i­ty of choice becomes the own­er and ben­e­fi­cia­ry. If you name IMH Foun­da­tion as the own­er and ben­e­fi­cia­ry, you are enti­tled to an imme­di­ate char­i­ta­ble deduc­tion for income tax pur­pos­es. In addi­tion, the pol­i­cy is removed from your estate, which could mean sig­nif­i­cant tax savings.

Char­i­ta­ble Lead Trust

A char­i­ta­ble lead trust is often seen as the inverse of a char­i­ta­ble remain­der trust. Dur­ing the term of the char­i­ta­ble lead trust, pay­ments are made to one or more des­ig­nat­ed char­i­ta­ble ben­e­fi­cia­ries. At the end of the term, the remain­der of the trust is dis­trib­uted to non-char­i­ta­ble ben­e­fi­cia­ries, such as fam­i­ly members.

Char­i­ta­ble Gift Annuity

A char­i­ta­ble gift annu­ity allows a donor to trans­fer cash or prop­er­ty to a char­i­ty in exchange for a par­tial tax deduc­tion and sup­ple­men­tal income over the peri­od of the annu­ity term. At the end of the annu­ity term, the prin­ci­pal is left to the IMH Foun­da­tion as a lega­cy gift from the donor.

Helping Ivinson provide the best care to our community.