A planned gift is a lasting way to create opportunities and help shape our future. This crucial source of funding allows Hollenbeck Palms to not only continue serving our residents, but building and expanding to meet the needs of today and tomorrow. Join The Palms Club, our way of honoring those residents who have remembered us in their estate plans, and help residents who call Hollenbeck Palms home – for now and years to come.
Here are some ways you can contribute to the sustainability of Hollenbeck Palms’ mission of providing comfortable, enjoyable and secure retirement living with great compassion, honest dignity and genuine love in the long term. Please consult with your financial advisor, estate planner or attorney to discuss the tax implications of these options.
One of the easiest ways to help involves simply naming Hollenbeck Palms as a beneficiary in your will and living trust. A bequest may be for a particular dollar amount or percentage of your estate. Estate tax savings may be significant.
- Life Insurance Policy and Retirement Assets
Often overlooked by donors, naming Hollenbeck Palms as a partial beneficiary of these assets can provide support for the organization.
- Life Income Gifts
Life income gifts allow you to leave a gift in the care of Hollenbeck Palms, while earning income for yourself during your lifetime. The two most popular life income gifts are charitable remainder trusts and charitable gift annuities.
- Complex Gifts
If you are a business owner, own real property or have any other type of complex asset, giving options exist that can both help Hollenbeck Palms and benefit your family financially.
The Palms Club members become a special part of the Hollenbeck Palms donor family. They are also honored with:
- Recognition on our website
- Tributes in publications
- Acknowledgement on The Palms Club recognition wall to be prominently placed in the new structure
- An annual Palms Club luncheon with Administration and Board of Trustees
If you have included Hollenbeck Palms in your will, trust, life insurance policy or other planned gift, thank you so much! Please let us know so we can welcome you to The Palms Club and celebrate your generosity.