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Deferred Gifts

BEQUEST

We have partnered with FreeWill, a service which makes it possible to create or update your will or living trust – for free – in 20 minutes or less! When you do, we ask that you consider including a gift to our ministries in your will. Click here to get started on your will or living trust.

If you have already included a gift to us in your will or living trust, we would love to discuss the way that your gift should be used and how you would like to be recognized. Please complete this form or contact Mark Cotleur, senior vice president of fund development, at 216-696-8401 or mcotleur@sistersofcharityhealth.org.

CHARITABLE GIFT ANNUITY

If you want to make a gift of significance now but still need the income generated by your assets, a Charitable Gift Annuity (CGA) may be a great option. Complete this brief form or contact Mark Cotleur at 216-696-8401 or mcotleur@sistersofcharityhealth.org to request a quote customized for you.

BENEFICIARY DESIGNATION

You can direct that holdings in retirement savings and bank accounts such as 401(k)s, IRAs and CDs be transferred or paid to us upon your death without going through probate. You do not need to change your will. Simply file an updated beneficiary designation form with your financial institution. Many financial institutions make beneficiary designation forms available on their website. Click here for more information and a link to a FreeWill tool for tracking your beneficiary designations.

LIFE INSURANCE

If your family no longer needs your life insurance policy, you can make us the beneficiary or even the owner. By transferring ownership, you may be able to deduct the cash value of the policy as well as the cost of the premiums in years to come. Click here for more information.

CHARITABLE TRUSTS

If your estate is particularly large or complex, gift instruments such as Charitable Lead Trusts and Charitable Remainder Trusts may be worth considering. Click here for more information about charitable trusts or contact Mark Cotleur, senior vice president of fund development, at 216-696-8401 or mcotleur@sistersofcharityhealth.org.