Your philanthropic legacy represents your core values and reflects how you want to be remembered by your friends, family, and community. Having a Planned Giving strategy is a way for you to incorporate charitable giving into the legacy you leave behind while enjoying financial benefits in the present. Unlike cash donations, Planned Gifts are typically made from assets in your estate rather than from disposable income, and come to fruition upon your death. A misconception is that planned giving is only for the “wealthy.” The truth is, even people of modest means can make a big difference through planned giving.
If you have stock that has appreciated in value, you may pay no capital gains upon transfer to RMH Houston and you may receive a tax deduction for the full market value of the donation. Click Here for Stock Donation Instructions
Wills and Bequests
Leave a gift of property or assets by naming RMH Houston as a beneficiary of your will. Or, amend your will with a codicil so it does not have to be re-written.
Retirement Plan Assets
Consider designating RMH Houston as a beneficiary of a percentage of your retirement plan assets, or if you are 70 ó or older, you may be able to take advantage of a simple way to benefit RMH Houston and receive tax benefits in return. Please be sure and check with your tax advisor for specific details.
Charitable Remainder Annuity Trust
This trust allows you to receive income each year from the assets placed in the trust. After your lifetime, the trust balance goes to your charities of choice.
By naming RMH Houston as the beneficiary of a policy, new or existing, you could be able to make a larger gift than you imagined. By transferring policy ownership to RMH Houston, you have the added benefit of a tax credit for the cash surrender value. Your premium becomes tax deductible.
A planned gift to RMH Houston represents a deep personal commitment to the continued success of our mission. Please consider the families of RMH Houston when making your estate plans.
Please contact Judy Hajovsky Koch for more details. firstname.lastname@example.org or 713.795.3571