Planned giving encompasses a broad range of deferred gift options that allow the LifeNet donor the satisfaction of supporting our mission, making larger gifts, and providing significant tax advantages. It is very important that you work with your attorney when planning to make these types of gifts. In addition, we recommend that you discuss your intended planned gift with our Office of Development.
A bequest is a gift made to LifeNet through a will, living trust, testamentary trust, or codicil to a will or trust. The gift may stipulate a specific amount, a percentage of your estate, or it may name a specific asset. Bequests often offer the opportunity for someone to make a much larger gift than they might otherwise be able to give during their lifetime.
Name LifeNet as a beneficiary of a life insurance policy.
Charitable Remainder Trust
The charitable gift is transferred directly to a trust which preserves an income interest for the donor. It pays out a specified distribution to the donor for life or a set term of years. Upon the death of the donor, the remaining assets are paid to LifeNet.
Charitable Lead Trust
The charitable gift is transferred directly to a trust which provides a specified distribution to LifeNet during the life of the donor or for a set term of years. Upon the death of the donor, the remaining assets are distributed to non-charitable beneficiaries who are typically family heirs.