A Balanced Approach to Giving

Simple Solutions for Life’s Financial Challenges

The two hurdles we hear most about when it comes to giving are lack of resources and a desire to put family first. We can help! Read on to see how these obstacles are easily overcome.

Obstacle: Family Obligations

I have children and grandchildren to worry about, and they come first.

Solution: Estate planning attorneys can explain the various methods available to fulfill your philanthropic desires without jeopardizing your family’s security. The easiest approach is to remember Sun Health through a gift in your will or living trust. This gift supports our future work, and you can change your mind at any time.

Obstacle: On a Budget

I am not rich. There is only so much money to go around.

Solution: Rather than make a gift of cash now to support our work, consider the following giving options. Bonus: they also offer important tax savings for you and your family.

Stock. For gifts of appreciated stock that you have owned longer than one year, you receive an income tax charitable deduction for their full fair market value — not the price you originally paid for them.

Life insurance policies. You can donate a policy you no longer need or simply name Sun Health as the beneficiary.

Retirement plan assets. Highly taxed when left to heirs, this makes an excellent charitable gift through your estate.

Real estate. You can donate your home now and still live there for the rest of your life.

If you would like help identifying a gift to fit your goals, please call me directly at 623-832-5582 or email me at sharon.thornton@sunhealth.org to discuss details.

Sharon Thornton, JD, LL.M,
Exec. VP and Chief Philanthropy Officer

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