Testamentary Life-Income Gifts
How it works
You write a will or revocable trust directing a bequest to Woodland Healthcare Foundation.
You provide that the bequest first create a life-income gift benefiting your heirs.
After their income interest terminates, the remaining balance in the gift passes to Woodland Healthcare Foundation.
Benefits
- One estate asset can benefit both Woodland Healthcare and your heirs.
- Resulting charitable estate-tax deduction will lower the cost of providing for children and family.
- Provisions are revocable during your lifetime, increasing your planning flexibility.
For assistance with this gift plan, please complete the request information form or contact Kevin Duggan at (530) 669-5680 or e-mail to Kevin.Duggan@DignityHealth.org.