HUGS is able to provide programs and services free of charge – to the families we serve – thanks to the support of our generous donors.

Leave a Legacy

By leaving a legacy gift, you can ensure our families are served by HUGS not just today but well into the future. You’ll be helping to secure our future as an organization, ensuring HUGS will be able to continue our mission of improving the quality of life of Hawaii’s families as they face the emotional and financial hardships of caring for a seriously ill child.

What is Legacy Giving?

A planned gift or “legacy” gift is any gift made as part of your estate planning. With a legacy gift, you’ll be making a lasting difference to HUGS.

Types of Legacy Gifts

Your legacy gift can take many forms.

The most common type is a bequest in your will or trust. A bequest is revocable, which means you are able to change it at any time. With a bequest, you may bequeath a specific amount of money or a percentage of your estate.

Making a Bequest

Here is sample bequest language to include in your will or trust.

I hereby bequeath to HUGS, Federal Tax ID number 99-0213594, the sum of $_______ (or percentage) of my estate, both real and personal, to be used by HUGS to further its mission.

Gifts of Life Insurance and IRA

You may also list HUGS among the beneficiaries on a life insurance policy or a retirement account.

A gift of life insurance allows you to make a modest gift now for a significant gift in the future for HUGS. If you’re still carrying a life insurance policy you or your family no longer needs, please consider donating it to HUGS. If you transfer ownership of your paid-up insurance policy by naming HUGS as the irrevocable owner and beneficiary, you’ll receive an immediate charitable income tax deduction based on the current value of the policy.

Naming HUGS as a beneficiary of your IRA or other retirement plan is one of the most tax effective gifts you can make. If you’re 70–½ years old or older, an IRA charitable rollover allows you to make a tax-free, outright gift to HUGS using your traditional IRA or Roth IRA.

Please consult with your financial advisor on the various options and tax advantages of planned giving and finding one that’s best for your situation.