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LONGTIME SUPPORTER'S LEGACY TO SEED ENDOWMENT FOR PALLIATIVE CARE

LONGTIME SUPPORTER'S LEGACY TO SEED ENDOWMENT FOR PALLIATIVE CARE

Charles "Ched" Salovesh, JD and his wife, Dorothy Lippman Salovesh, NP

Over the last three decades, Charles "Ched" Salovesh, JD, got to know St. Jude from multiple perspectives - first as a family member of a patient, then as the spouse of a senior nurse practitioner, a donor, and a patient himself. Through his accomplished career, Ched was a pillar of Orange County's legal and law enforcement community - having served as a deputy marshal, an attorney for the City of Anaheim, and then in retirement, a hearing officer in medication capacity or "Riese" hearings for the Superior Court of California. Ched passed away earlier this year, but his legacy will live on at St. Jude through a gift he established in 2002.

Ched's gift will seed an endowment to benefit St. Jude's palliative care program, which helps patients dealing with chronic, life-limiting conditions and illnesses. His wife, Dorothy Lippman Salovesh, NP, was instrumental in launching the program at St. Jude at a time when such services were not common in medical centers in the United States. St. Jude has made palliative care services available since 2003.

"Palliative care offers an extra layer of compassionate support, whether for symptom or pain relief, navigation of medical information, management of care at home, or simply emotional comfort," Dorothy explains. Ched experienced the benefits of the program firsthand, as he came to need palliative care services later in his life.

Ched made his legacy gift to St. Jude through a charitable gift annuity , which paid income to him during his lifetime and will now support a program that was personally meaningful to him. Payout rates for gift annuities are fixed, providing stable income streams to their beneficiaries for life. Gift annuity rates experienced a rare increase in July 2018 and are now the highest they have been in years.

Although the vehicle offered financial and tax benefits, Ched's decision to give was motivated by his love for St. Jude Medical Center and its healing mission.

"The choice to donate is made on the heart, not on the dollars," Ched said at the time of making his gift. "When we decided to make our gifts, our hearts were already with St. Jude."

To learn how you can secure income for life while supporting St. Jude's good work, click here .

Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.


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