When thinking about making a gift to Hospice of Spokane, a cash donation might immediately come to mind. But circumstances don’t always allow people to simply write the check their heart would have them write. Additionally, many financial planners would point out that cash is not always the most efficient way to make a charitable gift.

Using assets like life insurance, a retirement plan, stocks, bonds or real estate can often provide you with a greater tax benefit than a gift of cash. When you gift an appreciated asset, you can avoid many taxes compared to if you realized the full value of the asset and then made a charitable gift. And you can likely take a charitable income tax deduction for the full value of the asset.

For more information on how you can make a planned or estate gift that will benefit Hospice of Spokane, click on the links below and, as always, consult your financial advisor.

Include Hospice of Spokane in your will

Transfer shares of stocks or bonds

Other ways of giving