Leave a Legacy
The Gibbons Pathway Society is a special group of friends and donors who have remembered Good Shepherd Hospice, HPH Hospice and LifePath Hospice in their estate plans, through a bequest, life insurance, trust or charitable gift annuity. The society is named to honor former Congressman Sam Gibbons, who helped author the federal legislation establishing the Medicare Hospice Benefit. The original artwork provides a lasting recognition of friends and donors.
Good Shepherd Hospice, HPH Hospice and LifePath Hospice provide care based on medical necessity, regardless of ability to pay. Your gift will help ensure the delivery of services to all patients in need and enable the hospices of Chapters Health System to continue expanding programs and services that meet the growing needs of our community.
Where are Gibbons Pathway Society Donors Recognized?
Gibbons Pathway Society donors are recognized at the following Chapters Health locations:
Ways of Giving
Deciding how to divide your assets among your heirs and charities is usually a matter of the heart. Bequest arrangements in a will or trust allow you to make an outright gift, which will have a lasting impact on Good Shepherd Hospice, HPH Hospice and LifePath Hospice patients and their families. Bequests can take many forms:
- Specified dollar amount
- Specific asset, such as stock or real property
- Percentage of your estate
- Residuum of your estate after payments of amounts to other beneficiaries
- Contingent bequests honor Good Shepherd Hospice, HPH Hospice and LifePath Hospice but only take effect if other beneficiaries die before the donor
- Arranged simply with the addition of a codicil amending an existing will or trust
- Life insurance or retirement plans
A gift annuity is a contract between you and Good Shepherd Hospice, HPH Hospice or LifePath Hospice that provides fixed, guaranteed, partially tax-free lifetime payments to one or two beneficiaries. With this popular method of gifting, donors receive an immediate charitable-income tax deduction. Gift annuities can be established with cash, stock or a combination of assets.
Deferred Gift Annuity
Often called a retirement annuity, a deferred gift annuity provides a fixed guaranteed lifetime payment at a future date that you select. It generates an immediate income tax deduction and assures future income.
Charitable Remainder Trust
A charitable remainder trust is an individually designed trust agreement providing fixed or variable income for life or a term of years.
Trusts are designed to meet personal, financial and family needs. They are especially useful in unlocking the full value of appreciated
assets having a low yield without any tax on the capital gain.
Charitable Lead Trust (CLT)
A lead trust is used by an individual when he/she wishes to support a charity with a current payment for a specified period of time, after which the principal of the agreement is distributed back to the donor or the donor’s family.
Life Estate Reserved
Persons owning a home, farm, ranch, vacation or second home may choose to retain the right to live there for life while giving the remainder to Good Shepherd Hospice, HPH Hospice and LifePath Hospice today. Future gifts of a residence generate a current charitable deduction and future gift and estate tax savings.
For more information on giving opportunities, contact the Chapters Health Foundation office at 813.871.8111 or 1.866.204.8611, or email email@example.com.