How to Leave a Legacy Gift
A legacy gift to St. Joseph’s is a wonderful way to demonstrate your commitment to care that treats the whole person – body, mind, and spirit.
There are many ways to make this type of gift. Each provides different advantages to you, to your heirs, and to St. Joseph’s. We would like to take this opportunity to share a few popular ways to make a legacy gift.
If a bequest in your Will feels right for you, there are three simple ways to leave this type of gift:
- Leaving a residual gift ensures that all other commitments of your estate (including gifts to loved ones) are met in full. The remainder is then given to St. Joseph’s.
- A percentage of your estate allows you to decide what portion of your estate you’d like to leave as a charitable gift.
- A fixed amount gift allows you to dedicate a specific dollar amount to St. Joseph’s. This is a good option for those who feel confident in their estate’s ability to meet all their priorities.
Another popular giving vehicle is a gift of life insurance. This type of giving allows you to make small monthly payments into a life insurance policy. Over the years, it can allow you to make a substantial gift to St. Joseph’s while also meeting your financial responsibilities on a day-to-day basis.