Ruth Layton knows firsthand the devastating effect Alzheimer's disease can have on a person and family. Her late husband, Rex, received treatment for this condition for seven years at OHSU.
Prior to his death, the couple established the Layton Aging & Alzheimer's Disease Center at OHSU. Ruth described their motivation for this gift by saying, "We were so impressed with the entire team of physicians, scientists and nurses who were dedicated to finding advanced treatments as well as a cure for Alzheimer's disease. Our family recognized the importance of their endeavors and the need for financing to drive them forward."
Ruth's commitment to the cause continues as she serves as a Trustee of the OHSU Foundation Board. In addition, she recently made a meaningful deferred gift with a specific purpose.
At the suggestion of her attorney, she established a life estate agreement, deeding her family's vacation home in California to the foundation while retaining the right to use it for the rest of her life. Two immediate benefits of this gift were that it generated an income tax deduction for Ruth and it removed her property from the estate, relieving her heirs from the responsibility of selling it. The best part is that, ultimately, her gift will support an OHSU project to help those who serve as private caregivers for Alzheimer's patients.
Give From the Heart
Like Ruth, you can use your estate to support the programs you are passionate about at OHSU and/or Doernbecher Children's Hospital. Contact us to learn how.