Planned Giving

BEQUESTS

Donors can make a bequest to Joseph’s House by designating Joseph’s House as a beneficiary in a new will or codicil to an existing will. A bequest can be made as a percentage of the estate or as a fixed amount to Joseph’s House. The donor can also give a residuary bequest that gives Joseph’s House all or a portion of the estate after all debts, taxes, expenses and other bequests have been paid. The donor may arrange, after the death of a named beneficiary, that the principal or some of the surviving estate will become the property of Joseph’s House.

For model language to be used in a will or for more information on including Joseph’s House in your estate planning, please email Bronson.

Retirement accounts

Joseph’s House can be named as the sole or partial beneficiary of your IRA, 401(k) or other retirement plan accounts. Joseph’s House does not incur any income taxes on your gift because we are a non-profit organization.

Life Insurance

Joseph’s House can be named as a beneficiary of a donor’s life insurance policy. Joseph’s House will also accept tax-deductible gifts of life insurance policies in which the donor has transferred ownership of the policy to Joseph’s House, including whole life, variable and universal life policies, in which the policy is fully paid.