Make a gift that costs nothing during your lifetime. Gift planning is a simple yet powerful way to impact the lives of NH residents in need, while creating a lasting legacy. There are many ways to accomplish this, including through your will, insurance policy, retirement assets, securities, Charitable Gift Annuity, and real estate.
Wills and Bequests
You can make a provision in your will or trust for Harbor Care, set to your specifications. It is important to use very specific language. Suggestions for language to use when making this provision vary, depending on your wishes. An estate planner or an attorney can help you. But, here are some examples:
- Bequest of cash: “I bequeath the sum of $____ to Harbor Care, Nashua, NH.”
- Bequest of a percent of the estate: “I devise and bequeath ____ of the remainder and residue of property owned at my death, whether real or personal, and wherever located to Harbor Care, Nashua, NH.”
- Contingent Bequest: “If my (example: brother John Doe) survives me, I devise and bequeath _ of the remainder and residue of property owned at my death, whether real or personal, and wherever located to (example: John Doe). If (example: John Doe) does not survive me, then I devise and bequeath ____ of my residuary estate, whether real or personal property and wherever located to the Harbor Care, Nashua, NH.”
Insurance Policy, Retirement Assets, Commercial Annuities
Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using:
- IRAs and retirement plans
- Life insurance policies
- Commercial annuities
It only takes three, simple steps to make this type of gift. Here’s how to name Harbor Care as a beneficiary:
- Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
- Decide what percentage (1 to 100) you would like us to receive and name Harbor Care, along with the percentage you chose, on the beneficiary form.
- Return the completed form to your plan administrator, insurance company, bank or financial institution.
Charitable Gift Annuity
A charitable gift annuity is a way for you to support Harbor Care and feel confident that you have dependable income in your retirement years. This type of donation can provide you with regular payments and allow us to further our work. You can also qualify for a variety of tax benefits, including a federal income tax charitable deduction when you itemize.
Real Estate
A gift of your real property (such as your home, vacation property, vacant land, farmland, ranch, or commercial property) can make a great donation. If you own appreciated real property, you can avoid paying capital gains tax by making a gift to us.
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