If you are interested in including a gift to Stanford University School of Medicine and Stanford Health Care* in your estate plan, feel free to contact the Medical Center Development Office of Planned

Giving at pgmed@stanford.edu or 650.723.6560 to learn about your options.

hen her husband and fellow veteran, Chief Mechanic William Benjamin Estes, suddenly grew ill with pancreatic cancer,

Mrs. Rena Estes witnessed the man she had been married to for 45 years embark on a battle that would prove impossible for this Navy man to fight. Seeing her strong and brave husband succumb to an inoperable disease so quickly would motivate her to learn everything she could about pancreatic cancer.

Honoring a Beloved Husband by Supporting Research in Pancreatic Cancer

W

Offi

ce o

f Pla

nned

Giv

ing

Sta

nfor

d U

nive

rsity

Fr

ance

s C

. Arr

illag

a A

lum

ni C

ente

r32

6 G

alve

z S

tree

t S

tanf

ord,

CA

943

05

BR

UC

E D

AM

ON

TE ©

201

0 Planning FutureFOR THEA Planned Giving Publication • Fall 2014

Did

you

kno

w t

hat

you

can

crea

te a

n es

tate

gift

to

Sta

nfor

d U

nive

rsity

Sch

ool o

f Med

icin

e or

Sta

nfor

d H

ealth

Car

e th

at w

ill su

ppor

t w

hat

you

valu

e m

ost

at S

tanf

ord

beyo

nd y

our

lifet

ime?

Loo

k in

side

to

find

prac

tical

way

s to

leav

e yo

ur le

gacy

and

the

n ta

ke

thes

e st

eps:

RE

TU

RN

the

enc

lose

d re

mit

resp

onse

car

d to

re

ceiv

e la

ngua

ge t

o in

clud

e in

you

r w

ill or

tru

st.

VIS

IT p

gmed

.sta

nfor

d.ed

u/ne

ws

to u

ncov

er

vario

us c

harit

able

gift

opp

ortu

nitie

s.

CO

NTA

CT

us a

t pg

med

@st

anfo

rd.e

du o

r 65

0.72

3.65

60 t

o fin

d ou

t m

ore

abou

t do

natio

n op

tions

tha

t m

atch

you

r va

lues

.

We

are

all p

art

of t

he e

qua

tion.

Stanford

Med

icine

Cam

pai

gn

for

We are all part of the equation.

StanfordMedicine

Campaign for

Putting Your Values Front and Center Sharing Your Personal Goals With Professional Advisors

Continued inside

Mrs. Rena Estes

Ste

ps t

o Ta

ke T

oday

INSIDE

ave you ever discussed your values with your attorney, accountant, or other professional advisors? If you haven’t, they won’t know how you’d like to be remembered in your community, and your financial

and estate plans won’t reflect what you care about. Professional advisors naturally tend to concentrate their efforts on the value of your estate and the taxes it may eventually generate. They recommend helpful strategies to reduce taxes for you and your family, but oftentimes little more than your net worth is shared with them.

An Alternative ProcessDiscuss your personal values and goals with your professional advisors during the planning process so your long-term plans are built around these important standards. To help your advisors get an idea of your values and goals: • Share what is important to you and how you would like to make

an impact. • Document the difference you want to make in the future. • Tell them how you want to be remembered by your family and

community.

A More Comprehensive OutcomeBy declaring what you care about first, your advisors can build a plan with you that embraces and fulfills your values and goals and creates the legacy you would like to leave behind.

• 5 Practical Ways to Make a Difference at Stanford Medicine• Putting Your Values Front and Center

PHOTO: Mark Tuschman Photography

H

PH

OTO

: Mar

k Tu

schm

an P

hoto

grap

hy

*Stanford Hospital & Clinics is in the process of changing its legal name to Stanford Health Care.

ave you ever wondered how to turn your relationship with Stanford into a legacy that

will carry on your values? It’s easier than you might think. Look over these five ways to support us through your estate plans.

Establish a charitable gift annuity.This gift consists of a contract between you and Stanford University. You make a gift of cash or securities and we, in turn, pay you a fixed amount each year for the rest of your life. A portion of your gift qualifies for a charitable income tax deduction, and the amount of payment you receive doesn’t fluctuate with the stock market, interest rates, or inflation. After your lifetime, the remaining balance supports the purpose most important to you at Stanford. Include Stanford in your will or trust.A charitable bequest requires just a few

sentences in your will or trust and can be modified throughout your lifetime as circumstances change. To incorporate a gift into your will or trust, contact us or return the enclosed remit response card requesting sample bequest language to share with your estate planning attorney. A bequest to Stanford University School of Medicine or Stanford Health Care* is exempt from estate tax.

Set up a charitable remainder trust.With this type of gift, you receive income (either a variable or fixed dollar amount) each year for the rest of your life from a trust you create. After your lifetime, the balance of the trust passes to Stanford to support the purpose most important to you. A portion of your gift qualifies for a charitable income tax deduction.

Make a gift of retirement plan assets.A gift of your retirement plan is a tax-efficient way to support Stanford Medicine after your lifetime. If your loved ones are the beneficiaries of your retirement plan assets, federal income taxes may erode a significant portion of the amount they receive from your plan. In contrast, as a nonprofit organization,

Stanford is tax-exempt and eligible to receive the full amount and bypass any federal income taxes. Name Stanford as the beneficiary of your life insurance policy.A gift of life insurance can be a low-cost way to provide a larger gift to Stanford Medicine if your circumstances have changed so that the original purpose for the protection of the financial stability of your family no longer applies. To arrange a gift of your retirement plan assets or life insurance policy, contact your retirement plan administrator or life insurance

H5 Practical Ways to Make a Difference at Stanford Medicine

To honor her late husband’s memory, Mrs. Estes decided to include a gift in her trust to benefit pancreatic cancer research at Stanford. Her interest in supporting this specific area of research came from following the university’s work and reading the materials Stanford provided her over the years. “I’ve kept myself informed about the challenge of treating pancreatic cancer. Attending a conference at Stanford inspired me to make a difference.” Mrs. Estes was pleased to know that Stanford’s role in medical research is already well respected. “If Stanford can find clues and points of interest, their researchers can take the next steps to help prevent or even cure pancreatic cancer.” Mrs. Estes hopes that this future gift will advance further study of the disease, while helping support new approaches toward the treatment of pancreatic cancer. “My husband was a very good man and he suffered greatly, but he’s gone, so this is how I feel I can make a difference.” She hopes her gift will offer hope to others who have to go through this with a loved one. Until her husband went through the tremendous suffering brought

on by his disease, Mrs. Estes knew very little about pancreatic cancer except that it is difficult to detect. She soon learned that when it hits, your world is turned upside down. Staying connected to the American Legion and the Fleet Reserve Association for the US Navy, helped ground her again after the loss of her husband. Through her ongoing volunteer work at the local VA Hospital, Mrs. Estes is reminded that her estate gift could improve the lives of future patients battling this disease.

Contact the Medical Center Development Office of Planned

Giving at pgmed@stanford.edu or 650.723.6560 if you would like to direct your estate gifts to an area of study or research important to you. We can help you determine a gift option that honors your wishes.

Honoring a Beloved Husband by Supporting Research in Pancreatic Cancer

Continued from page 1“If Stanford can find clues and points of

interest, their researchers can take the next steps to help prevent or even

cure pancreatic cancer.”

Making a Difference Through a Planned GiftTo speak directly with a member of our staff and learn more about various planned giving options, please contact: Carol Kersten, Erin Phillips, or Blake Grossman, Medical Center Development Office of Planned Giving • pgmed@stanford.edu • 650.723.6560

company for a change-of-beneficiary form. Decide what percentage you would like for Stanford to receive, and name The Board of Trustees of Leland Stanford Junior University (tax ID number 94-1156365) for a future gift to the School of Medicine, or Stanford Health Care* (tax ID number 94-6174066) for a future gift to Stanford Hospital on the change-of-beneficiary form. Then return the form to your plan administrator or insurance company. If you would like to designate a specific purpose for our use of this type of gift, please contact the Medical Center Development Office of Planned Giving for assistance.

Visit pgmed.stanford.edu/news to learn more about how you can make a difference in the future of Stanford Medicine.

© The Stelter Company. If you prefer not to receive this newsletter to support Stanford Health Care or the School of Medicine in the future, please let us know by email at pgmed@stanford.edu or in writing to: Medical Center Development, 3172 Porter Drive, Ste. 210, Palo Alto, CA 94304.

—Mrs. Rena Estes

Note: Stanford welcomes charitable gift annuities with a minimum gift of $20,000. Regulations prevent Stanford from offering charitable gift annuities to residents of certain states, including Florida, Hawaii, Maryland, New Jersey, New York, and Washington.

PHOTO: Norber t von der Groeben/Stanford Hospital & Clinics PHOTO: Francine Freeman

*Stanford Hospital & Clinics is in the process of changing its legal name to Stanford Health Care.