A will provision for a gift to the Deaconess Foundation will ensure that your wishes are carried out. In many cases, you can easily add the Foundation to your will through a simply amendment called a codicil. Your entire will may not need to be redrafted. There are other gifts you can make that provide income to you during your lifetime. In fact, it is quite possible that you can actually increase your income through a gift annuity.
Higher rates are available for older individuals.
Other gifts include those of life insurance, real estate or retirement assets. There are ways to plan for all of these gifts so that your current lifestyle is not affected, but your real estate tax burden is significantly lessened. It is important to plan so that your estate goes to your heirs and cherished institutions, rather than to taxes. Deaconess Foundation representatives can assist you in determining the best way to fulfill your wishes for your estate.