You can support Hospice Hawaii and also receive payments for life. Payments may be made just to you or may be received over a joint lifetime if you have a spouse or other loved one you would like to include. Once payments are no longer required to be made, the remainder of your gift will come to Hospice Hawaii.
This kind of gift can satisfy the following needs:
- Individuals of any age who want to provide for someone else – to provide supplemental financial support for aged parents who have limited income or regularly subsidize siblings who are struggling financially
- Retired individuals who want a deduction now but do not need payments until later
- Individuals who would like to assist a family member with college expenses
- Individuals who have appreciated assets such as stocks or real estate and want to receive an immediate income tax deduction for a portion of the gift and avoid capital gains tax