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Planned Gifts

Cure the sick, raise the dead, cleanse lepers, drive out demons.  Without cost you have received; without cost you are to give.  Matthew 10:8

The Flaget Memorial Hospital Foundation encourages you to become a member of the Flaget Legacy Society by including FMHF in your estate plans. By honoring the founder of this special hospital Bishop Benedict (Joseph) Flaget you will help support the mission and core values of Reverence, Integrity, Compassion and Excellence for generations to come.

There are many ways we can help you make a Planned Gift to Flaget Memorial Hospital Foundation while minimizing your taxes and still helping your loved ones.
Charitable Gift Annuity - This is a combination of a gift to the Flaget Memorial Hospital Foundation (FMHF) and an annuity.  Fixed payments will be made to the donor for life.  After all payments have been made for the life of the donor, the Foundation would receive the remainder of the gift.

Bequests - A bequest is the most traditional way to provide significant help to the FMH Foundation.  Below are several common types of charitable bequests.

General Bequest - "I bequeath $10,000 dollars to Flaget Memorial Hospital Foundation."

Percentage Bequest - "I bequeath 10% of my estate to Flaget Memorial Hospital Foundation."

Specific Bequest Example - "I bequeath all of my Toyota Motors stock to Flaget Memorial Hospital Foundation."

Residuary Bequest - This allows Flaget Memorial Hospital Foundation to receive everything remaining in your estate or a designated percentage of your estate, after all necessary costs, all general bequests and all specific bequests are satisfied.

Contingent Bequest - A donor can make a primary bequest for a relative, with the contingency that if that relative is not living at the time of death, the bequest will pass to the Flaget Memorial Hospital Foundation.

Charitable Reminder Trust - This pays income to family members through a qualified trust.  After all income payments have been disbursed, the remainder is distributed to the Flaget Memorial Hospital Foundation.

Annuity Lead Trust - A fixed annuity is distributed to the Flaget Memorial Hospital Foundation for a specific time period.  At the end of that time period, the principal is distributed to family members.

Lead Trust - This is an excellent means for transferring principal to family members at a future time and saving estate taxes.  The donor directs that a portion of the estate is set aside into a lead trust.  For a selected time frame, the trust pays variable income to the Foundation.  After the selected time period as pasted, the principal of the trust is distributed to family members.

Flaget Memorial Hospital Foundation would be grateful for your legacy gift and honored to include your name in our Flaget Legacy Society.
For more information about Planned Giving options
Please contact us at 502-350-5058 or visit us at the Foundation Office or
Email to request Planned Giving material today.

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