What are planned gifts?

Planned gifts include gifts through your will, certificates of deposit, charitable gift annuities, gifts of life insurance, pooled income funds, and charitable trusts.

Bequest

You may make a contribution by naming New Hope Services, Inc. as a beneficiary in your will. A contribution of this kind may reduce estate taxes and allow you to structure the gift to the advantage of your loved ones.

Certificate of Deposit

Certificates of Deposit may be made payable to New Hope Services, Inc. upon death. This kind of gift requires no change in your will and removes the contribution from probate proceedings.

Life Income Gift

You irrevocably transfer some assets to New Hope Services, Inc. now, and in return, you (and a survivor, if you wish) receive income for life.

Gift of Life Insurance

Some of our supporters no longer need their life insurance, that was purchased years ago to provide for children or other family members, and donate the policy to New Hope Services, Inc. You have the potential to make a substantial future gift for the cost of the premiums on the policy.

Pooled Income Fund

Your gift of money, marketable securities, or both is invested together with similar gifts from other supporters.

Charitable Lead Trust

Individuals with very large estates can use a charitable lead trust to benefit the American Red Cross and pass principal to family members with little or no tax penalty.

Gifts of Retirement Plans

Your IRA assets will be transferred to a charitable remainder trust, the trust will provide life income to the beneficiary, and then an eventual gift to the Red Cross.

For more information on how to advise New Hope Services of your desire to make a planned gift arrangement, Email Us or call 812-288-8248.