Connect & Give

Legacy Giving

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 (founding member)
  • George Watts Hill (founding member)
  • Margaret Holt McLean (founding member)
  • Michael and Amy Russell
  • The Zimmerman Family

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 Jeanne Tilley, Assistant Director of Development.


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.

 

3200 Pickett Road
Durham, NC 27705

Phone: 919.489.7464
Fax: 919.489.7466
Email: info@hillcenter.org

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