Creating your Legacy: Planned Giving
A gift for Cancer CAREpoint in your will, trust or other plans will provide important funding for personalized support services for cancer patients, their families and caregivers. There are many different ways you can arrange a meaningful gift to Cancer CAREpoint, and we have described the most common gifts below. We recommend you work with your advisors to determine which gift(s) is most appropriate for you.
If you are considering a legacy gift, we would be delighted to confidentially discuss your questions. If you have already included Cancer CAREpoint in your plan, please let us know so that we can thank you. Please contact Dawn Hogh, Director of Development at email@example.com or 408.402.6284.
Gifts Through a Will or Trust (Bequests)
This is one of the most common types of planned gifts. You can arrange to leave Cancer CAREpoint a specific dollar amount or asset, a percentage of your estate, or the remainder after specific gifts to loved ones have been made.
There are no limitations on bequest gifts. Bequests may be made for a general or specific purpose. All bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes resulting in a larger inheritance for your heirs.
In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Cancer CAREpoint in your estate plan. For example, here is some language that can be included in your will:
I hereby, give, devise and bequeath $DOLLARS to Cancer CAREpoint, a nonprofit corporation as described in section 170 (c) of the Internal Revenue Code (Tax ID #27-13029691) for its general use and purposes. Cancer CAREpoint is located at 2505 Samaritan Dr, Suite 402, San Jose, CA 95124.
Gifts Through a Retirement Plan or Life Insurance
You can name Cancer CAREpoint as the beneficiary of your individual retirement account (IRA), 401(k), 403(b), donor advised fund (DAF), life insurance policy or other account. These gifts are easy to arrange or modify. Simply complete a beneficiary designation form from your plan administrator to name Cancer CAREpoint a beneficiary of all or part of your retirement account or life insurance policy. If the retirement assets are tax-deferred, the portion left to Cancer CAREpoint will not be subject to tax.
Gifts of Real Estate
There are several options for donating real property that Cancer CAREpoint will sell to fund our work. Donate your land now, or leave it to Cancer CAREpoint after your lifetime, through your will or trust. You may also be able to donate a remainder interest that allows you to continue using your property for the rest of your life or transfer your property into a charitable remainder trust that provides you with income for the rest of your life. Your financial advisor can work with you to create the donation vehicle that is right for you.
Gifts That Provide Income
It is possible to establish a gift with cash, appreciated securities or real estate that will support Cancer CAREpoint in the future. These options, gift annuities or charitable trusts, can provide you or a loved one with regular payments, a significant charitable income tax deduction and avoidance of all or part of capital gain taxes.
We Want to Thank You
If you have included a gift for Cancer CAREpoint in your estate plan, please let us know so that we can thank you for your special commitment.
Useful Information for Advisors
Our official name is: Cancer CAREpoint
Address: 2505 Samaritan Dr., Suite 402, San Jose, CA 95124Phone: 408.402.6611
Taxpayer identification number: 27-329691