Cape Fear Valley Health Foundation

Planned Giving – Your Charitable Gift Planning Guide

What are planned gifts?

Planned gifts are a way to give while achieving financial and tax benefits to help you and your family. They can help you:
• Leave a lasting and meaningful legacy.
• Receive financial or extra tax benefits while supporting Cape Fear Valley.
• Give simply by including Cape Fear Valley in your estate plan.
• In some cases, give more than you thought possible.
If you want to learn more about planned gifts and the benefits they can return to you or your loved ones, review the options described below. Or, for a confidential conversation, contact Kathy Verkuilen, Administrative Director at 910-609-1327 or e-mail her at kverkuilen@capefearvalley.com.

Planned Giving Options

Click on one of the options below or scroll down to learn more.

Comprehensive Estate Planning
Wills and Bequests
Living Trusts
Charitable Remainder Trusts
Gifts of Real Estate or Other Property
Life Insurance
Retirement Assets
Charitable Lead Trusts
Retained Life Estates

Comprehensive Estate Planning
Estate planning is the process of accumulating, managing and distributing your property over the course of your lifetime. Your carefully created estate plan can allow you to provide for your family’s present and future financial security, while providing charitable support for organizations you care about. Cape Fear Valley Health Foundation can help.

Would you like more information about estate planning? Click Here. (Link to form or specific staff.)

Would you like a confidential conversation about your situation? Click Here or call 910-609-4483.

Wills and Bequests
Making a bequest through your will is one of the easiest ways to remember loved ones, distribute your assets, and support organizations you care about most. You may choose from several bequest options to meet your own needs, such as a bequest of a specific amount, of a specific asset, a percentage of your estate, or as a residue after gifts to loved ones.

Would you like more information about wills? Click Here.

Living Trusts
A living trust is an excellent way to plan your estate, in place of a will. There are many advantages. Your estate avoids probate and your assets pass anonymously, unlike with a will. When you make a provision for Cape Fear Valley in your living trust you can simply and quietly leave a legacy. Gifts through a trust can be made, like through a will, in a fixed amount, as a percentage of your estate, or as a residue after gifts to loved ones.

Would you like more information about living trusts? Click Here.

Charitable Remainder Trusts
You can increase your retirement income and reduce capital gains tax by transferring appreciated assets to a charitable remainder trust. The trust is established when you place cash, appreciated securities, real property, or other assets in the trust. Depending upon how you fund the trust, you may receive additional tax advantages, such as avoiding capital gains tax on the sale of appreciated assets. The trust normally generates lifetime income for you or others. The balance comes to Cape Fear Valley after the beneficiary’s life. A charitable remainder trust is an excellent way to make a significant gift during your life, reduce taxes, and receive a new stream of income.

Would you like more information about charitable trusts? Click Here.

Gifts of Real Estate or Other Property
Donating real estate and other property may provide you many advantages, in particular if the property is greatly appreciated in value. When you give highly appreciated real estate, for example, you may receive a substantial charitable deduction and avoid capital gains tax. In addition, the asset is removed from your estate, providing additional tax advantages to your heirs. Gifts of depreciated assets may also provide estate planning benefits. There are many aspects to consider when making gifts of property, so please contact us, and your professional advisors, for more information.

Life Insurance
Life insurance policies that are no longer needed make good sources of gifts. You can simply name Cape Fear Valley Health Foundation, or any other organization, as the primary beneficiary of the policy. Your charitable deduction depends on the status of the policy, whether it is paid in full or if premiums are still due. A gift of life insurance can be an easy way to provide meaningful support.

Retirement Assets
Making a gift of a retirement plan – such as a 401K, 403B, IRA, or Keogh plan – is becoming a popular way to make a charitable gift. When arranged properly, a gift of a retirement plan may help you or your estate avoid taxes while you help your favorite charity, such as Cape Fear Valley Health Foundation.

Charitable Lead Trusts
If you wish to temporarily delay an inheritance in a way that helps reduce estate and gift taxes while funding meaningful charitable gifts, the charitable lead trust may be an appealing addition to your plans. You may set aside assets in this form of trust and payments from the trust are devoted to charitable purposes for a period of time you choose. After that time, the assets in the trust are returned to you or others you designate. This tool may provide tax savings on the transfer of the appreciated assets to your heirs, while providing meaningful support.

Would you like to be mailed information about charitable lead trusts? Click Here.

Retained Life Estates
Give a personal residence or a farm, receive a charitable deduction, and retain the right to remain on the property for the remainder of your life. Meet your own financial planning needs while helping meet the needs of others.

For More Information about Your Planned Giving Options Click Here.

The information provided here is intended for educational and general information purposes only. Cape Fear Valley Health System and Foundation do not provide legal or financial advice and recommend you contact an attorney or other professional advisor when considering and deciding about charitable gifts.