By weighing your assets as well as how they are set up, it's possible to produce a result that is very worthwhile to you, your heirs, and the HaysMed Foundation.
Simply put: planned giving is the process of making a significant charitable gift during a donor’s life or at death that is part of his or her financial or estate plan. Smart planned giving is usually best accomplished as part of a donor’s overall financial situation.*
Planned gifts make use of legal and tax strategies and/or financial products requiring donors to turn to professionals for assistance. It is facilitated by an array of professionals including many working within charitable organizations. It is very useful to think of planned giving as a process as opposed to a set of products.
Planned giving can seem complicated and overwhelming at times, but having a well-thought out strategy can help assure you that you've taken care of the people and things about which you care the most. The staff of the HaysMed Foundation will help you explore your options.
*The information on this website is not intended as legal or tax advice. Please consult an attorney and/or tax professional for your specific situation. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.