Legacy Gifts: Estate, Deferred and Life Income Gifts

A legacy gift can be an expression of gratitude for exceptional care and is given as a commitment today that will provide funding for community health needs in the future.

We can work with you and your estate planning professional to help you identify areas where your gift can make the most impact. To learn more about how to expand your gift through planned giving opportunities, including bequests, please call 336-663-5051.

Estate and deferred gifts

These gifts are made primarily through a will. In addition, gifts directed through a life insurance policy or retirement plan are often the simplest and most tax efficient way of making a planned gift. You can also specify a designation in percentage amounts. All that is required is to provide the custodian of your retirement account or life insurance policy a signed beneficiary designation form, indicating Cone Health as the beneficiary.

Life income gifts

These are irrevocable gifts funded with cash, securities or other appreciated assets, such as real estate, that are gifted in exchange for an income stream for life or for a fixed number of years. At the termination of the contract, the remainder of the gift is distributed to Cone Health, the designated beneficiary. Life income gifts include charitable gift annuities and charitable remainder trusts.

Declaration of Legacy Gift Intent