A LEGACY GIFT IS A GIFT OF HOPE
Making a legacy gift is an incredibly kind and generous act that can help make Kokolulu’s transformative healing experience available to those affected by cancer for years to come. As with many charitable gifts, there are practical considerations as well. A legacy gift allows a donor to build charitable purpose(s) into his/her overall financial, tax and estate planning goals and may help reduce or eliminate capital gains, gift, and estate taxes. A donor may realize immediate income tax savings as well.
Any donor can plan a legacy gift regardless of current assets or income. If you are considering such a gift, we recommend you discuss this deeply personal decision with your attorney and/or financial advisor.
If you have already included Kokolulu in your financial or estate plans, please let us know by contacting Lew at (808) 889-9893 or via email lew@kokolulu.com
Following are some of the ways that you can honor the present, make a commitment to the future and give hope to so many others:
Gifts in a Will or Trust (Bequests)
Making a bequest to a charitable organization is an easy way to transfer assets. You can do this by designating a percentage or a specific dollar amount of your estate. This type of gift is flexible and revocable.
Beneficiary Designations
Many financial accounts, CDs, mutual funds, annuities and life insurance policies allow you to make a charitable gift using beneficiary designations.
Appreciated Property
Gifts of stocks, bonds, mutual funds and real property qualify for a charitable income tax deduction, avoid capital gains taxes and a reduce potential estate taxes.
Retirement Plans
You can make a charitable gift using the beneficiary designation of your IRA, 401(k) or other retirement plan. This type of gift avoids estate and income taxation on the assets accumulated tax-free during your lifetime.
Gifts of Life Insurance
Life insurance offers flexible ways to make a charitable gift of an existing policy or new policy.
Gifts that Provide Life Income
You can make a gift now, get immediate tax benefits, ensure that you or a loved one receives income payments for life and make a future charitable gift.