In April, 2005, The Hill Center established The Anne Gibson Hill Legacy
Society to honor the life and example of Society
founder Anne Gibson Hill, and to recognize those
who support the Center through their estate plans
such as bequests, life insurance, retirement plans
and irrevocable trusts.
Anne Gibson Hill Legacy Society Members
Anne Gibson Hill*
George Watts Hill*
Margaret Holt McLean*
Michael and Amy Russell
The Zimmerman Family
* Founding Members
A legacy gift to The Hill Center helps to ensure
that our programs will be in place to help students
with learning differences in the future, and it
may provide you with tax relief today.
What is a legacy gift?
A legacy gift is a charitable donation set up during
your lifetime but not available to The Hill Center
until sometime in the future. From simple bequests
to life-income gifts, there are many different
ways to design a gift that is beneficial to your
special circumstances and tax concerns. Different
types of legacy gifts are listed below:
Wills and Bequests
The simplest legacy gift can be arranged by naming
The Hill Center as a beneficiary in your will.
Gift
of Life Insurance
A life insurance policy, that was purchased years
ago to provide for children or other family members
and is no longer needed, can be given to The Hill
Center.
Charitable Gift Annuities
Charitable Gift Annuities are life income gifts
that pay a fixed dollar amount annually for life
in exchange for an irrevocable gift to The Hill
Center. The amount is determined by your
age or the age of another beneficiary. It
can be set up to pay immediately or at a later
date such as retirement or for a child's college
tuition. The
tax benefit is immediate.
Charitable
Remainder Trust
Property (cash, real estate, highly appreciated
securities, etc.) can be transferred to a trustee,
who holds and manages it, paying the income to you
and/or other designated beneficiaries for the balance
of your/their lives, or for a term of years, after
which the remaining principal is distributed to
The Hill Center. The transfer is irrevocable. You
can gain tax advantages but can neither recover
the principal nor place any restrictions on the
disposition of the property during your lifetime.
For more information on a legacy gift please contact:
Deborah Shenk
Director of Development
Phone: 919-489-7464, ext. 731
The information on this web site is illustrative only and is not intended to be legal or financial advice. For advice or assistance in specific cases, the services of an attorney or other professional advisor should be obtained.