Planned Giving & Estate Planning
Planned Giving & Estate Planning are vital steps toward ensuring your wishes are honored, your loved ones are protected, and your legacy lives. Whether you live in Kankakee, Bourbonnais, Bradley, or the surrounding area, our team is here to guide you to a plan that truly reflects your values.
Why Estate Planning Matters
- Protect Your Loved Ones: Without a will or trust, state laws determine how your assets are distributed, which may not align with your personal wishes.
- Honor Your Values: An up-to-date estate plan ensures that the organizations and causes you cherish are supported after your lifetime.
- Save Time & Money: Proactive planning can reduce probate costs, simplify legal processes, and ease the burden on family members.
- Leave a Legacy: Whether you want to support advanced healthcare, cancer services, or local patient-centered programs, your gifts can make a lasting difference in Kankakee County and beyond.
Explore Your Giving Options
Estate planning can take many forms. Here are some of the most popular ways donors can establish a lasting legacy with Riverside Healthcare Foundation:
- Bequests in a Will or Trust
- Designate a specific dollar amount or a percentage of your estate.
- Provide continued support for Riverside’s healthcare services without affecting your current finances.
- IRA & Retirement Assets
- Name Riverside Healthcare Foundation as a beneficiary of your 401(k), 403(b), or IRA.
- Potentially lower tax burdens on retirement accounts for your heirs.
- Download our tip sheet, “Discover a Savvy Way to Use Your IRA,” to learn more.
- Life Insurance
- Contribute a paid-up policy you no longer need or name Riverside as a beneficiary.
- Turn modest premiums into a meaningful legacy for local healthcare improvements.
- Other Giving Methods
- Charitable Gift Annuities or Trusts to receive income during your lifetime.
- Real Estate & Appreciated Securities to potentially reduce capital gains taxes.
- Lightkeepers Circle membership for those who have remembered Riverside in their plans.
Complimentary Estate Planning Services
Riverside partners with Thompson & Associates to offer value-based estate planning at no cost or obligation. This confidential process begins with understanding your personal values, then explores options that suit your financial goals and support the people and organizations you care about.
What to Expect:
- Values-Based Questionnaire: Identify how you achieved your wealth, whom you credit for your success, and how you wish your assets to be distributed.
- Personalized Planning Sessions: Work one-on-one with an experienced estate planning professional who respects your privacy.
- No Required Gift: While we invite you to consider Riverside Healthcare Foundation as part of your legacy, you’re under no obligation to make a charitable gift.
Frequently Asked Questions
No. Riverside Healthcare Foundation covers all fees for this service. There is no cost or obligation for you.
Not at all. We hope you consider supporting our mission, but no gift is required or expected.
Your conversations with Thompson & Associates are confidential. Riverside will not see or receive your financial or estate documents.
It’s always good to review your plan to ensure it aligns with your current family dynamics and philanthropic goals. Our team can help verify your documents still meet your wishes.
Simply fill out the Estate Planning Interest Form or call our Foundation office. We’ll connect you with a Thompson & Associates representative to get started.
Take the Next Step
Contact Us
Reach out to our Foundation office at (815) 933-7799 to discuss your goals or schedule a consultation.
Download Our Interest Form
Fill out the Complimentary Estate Planning Interest Form to begin your personalized plan.
Join the Lightkeepers Circle
If you’ve already included Riverside in your estate plan, let us celebrate your commitment to local healthcare.
Remember: By planning today, you ensure that your wishes, loved ones, and cherished causes are cared for tomorrow. Together, we can create a more vibrant, healthier future for our neighbors in Kankakee and beyond.