What Gift Planning Makes Possible

To learn more about how gift planning can help you, please call 949-764-7206 or email

Every adult, regardless of age or net worth, needs an estate plan. An estate plan ensures your wishes are honored regarding distributing assets, such as personal property, real estate, life insurance policies, financial accounts, and stocks. Having a plan in place also ensures you can continue supporting the causes and organizations you value far beyond your lifetime, including Hoag. We can help.

What is the difference between a will and trust?

A will goes into effect after your death and dictates who will receive your property and assets. A trust takes effect as soon as you create it and allows you to transfer property and assets during your lifetime. A will is subject to probate, a process overseen by a court, and becomes a public record. A trust is private and not subject to probate.

What is a planned gift?

A planned gift is a donation that is designated for an organization at a future date, often through a will or trust. The gift is made through a formal estate plan.

How can I use my estate plan to support Hoag?

You can name Hoag as a beneficiary of your retirement plan, a life insurance policy, financial accounts, personal property, or other assets. IRA gifts to families are subject to higher taxes and must be exhausted within 10 years. Gift planning can assist you in extending the term and lowering the taxes.

How will making a charitable gift through my estate benefit me and/or my loved ones?

Every estate is different, and our experts are available to help you make the best financial decisions for your family. All heirs are different, even in the same family, and we can show you how to best serve them.

What are the benefits of making a bequest, and in what ways can I make one?

There are many benefits to making a bequest. It is easy to make, it costs you nothing, and can be changed if you desire. You can determine what your legacy will be. Your estate planning attorney can provide a provision in your will or trust that leaves a gift to Hoag. It can be a specific asset, dollar amount, or percentage of your estate. It can also be the residue, or what’s left of your estate after all gifts have been made.

What should I know about making a required minimum distribution from my IRA?

Although starting in 2023, you do not have to take a required minimum distribution until age 73, if you are over 70 ½, you may transfer up to $100,000 annually from your IRA to charity, satisfying your required minimum distribution, but not count it as income to you. The Secure 2.0 Act now allows you to make a one-time distribution, up to $50,000, to fund a charitable gift annuity. You will receive income for your lifetime.

I’ve included Hoag in my will—now what?

If you have named Hoag as a beneficiary, please let us know so we can thank you and welcome you into our Hoag Heritage Society. Members of this special group of supporters receive invitations to events, our newsletters, and other benefits.

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