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Legacy Giving

Jeannine and James Glover smile for a photo together

Your Legacy is Our Future

Legacy giving allows you to make a meaningful difference for patients, families and the future of health care in our community.

Whether through your will, a beneficiary designation or another type of planned gift, you can honor the people, places and causes that matter most to you.

Through thoughtful planning, your gift can help Huntsville Hospital Foundation strengthen health care for years to come.

DONOR STORIES

Make a Difference That Lasts

Whatever inspires you to give, your generosity can help provide exceptional health care for generations to come.

Plan for What Matters Most

Planned gifts can take many forms, from gifts through your will or trust to beneficiary designations and other giving options. Your goals, financial circumstances and the assets you own can help determine which approach is right for you.

We encourage you to work with a qualified professional advisor who can help you consider your options and make decisions that are right for you and your family.

Wills and Bequests

A will or bequest offers one of the simplest ways to include Huntsville Hospital Foundation in your estate plans.

With the help of your attorney or other professional advisor, you can include language in your will or trust directing a gift to Huntsville Hospital Foundation as part of your estate.

A bequest can be designated for a specific purpose or left unrestricted, allowing the Foundation to direct the gift toward the areas of greatest need when the gift is received.

Beneficiary Designations

A beneficiary designation offers a simple way to create a legacy using assets you already own.

You can name Huntsville Hospital Foundation as a beneficiary of assets such as:

  • Retirement accounts
  • Investment accounts
  • Bank accounts
  • Life insurance policies
  • Donor-advised funds

You generally make a beneficiary designation directly through the financial institution or account administrator.

Gifts of Real Estate

Real estate can become a meaningful legacy gift.

You may be able to donate a home, vacation property, land, farmland or commercial property to Huntsville Hospital Foundation.

Because real estate gifts can involve important tax and legal considerations, consult your professional advisor before making this type of gift.

Gifts of Life Insurance

A life insurance policy that no longer serves its original purpose may offer an opportunity to create a lasting legacy.

For example, you may have purchased a policy when your children were young and no longer need the same level of coverage now that they are financially independent.

Depending on your circumstances, you may be able to name Huntsville Hospital Foundation as a beneficiary or make another type of gift involving your policy.

Life Estate

A life estate can allow you to make a gift of real estate while retaining the right to live in or use the property during your lifetime.

This type of gift requires careful planning and should be discussed with your attorney and other professional advisors.

Other Legacy Giving Options

Depending on your financial and charitable goals, other giving strategies may also be available, including charitable trusts and other arrangements.

These options can be complex and may provide different financial, tax and estate-planning benefits.

Talk with your professional advisor to determine whether one of these strategies makes sense for you.

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Let’s talk about your legacy.

Our team can help you learn more about planned giving and discover options for supporting the future of health care in a way that reflects your wishes.

Contact Us

The information provided on these pages is for educational purposes only and does not constitute legal, tax, financial or accounting advice. Please consult a qualified professional advisor about your individual circumstances and estate planning goals.

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