One of the simplest ways to support HopeHealth is by naming HopeHealth as a beneficiary of your assets. You can designate a specific amount or percentage—often by completing a simple form.

Beneficiary designations can apply to several types of assets.

Retirement Accounts

You may name HopeHealth as a beneficiary of your IRA or other retirement plan without changing your will or trust.
This approach can be especially tax efficient. Retirement assets left to individuals are generally subject to income tax and often must be distributed within 10 years. When left to a qualified charity, however, the full value supports its mission.

For many individuals, an effective strategy is to leave retirement assets to HopeHealth and pass other assets, such as cash, securities, or real estate to heirs.

Important: Naming both charitable and noncharitable beneficiaries can have tax implications. Always consult your professional advisors.

Life Insurance

You can designate HopeHealth as beneficiary of all or part of your life insurance policy by submitting a form to your insurer.

Alternatively, you may transfer ownership of the policy to HopeHealth. This may generate an immediate income tax charitable deduction and potential deductions for future premium payments.

Other Assets

You may also name HopeHealth as beneficiary of:

• Commercial Annuities – Designate us to receive remaining value at death.
• Bank Accounts – Establish a payable-on-death (POD) designation.
• Investment Accounts – Add a transfer-on-death (TOD) designation.

These options are typically simple to arrange and do not require revising your will.

Take the Next Step

Updating a beneficiary designation is one of the easiest ways to create a lasting legacy—without affecting your financial security today. If you are reviewing your estate plans, consider whether naming HopeHealth aligns with your goals.

Contact us for our legal name and tax ID information or to discuss how beneficiary designations can fit into your overall plan.