One of the most enduring and simple ways is to contribute to the Keweenaw Land Trust in your will. You can plan a legacy gift regardless of your current assets or income. Even an individual with a small estate can arrange to leave a charitable gift. Donors can give specific assets, portions of their estates, or portions of what is left in their estate after payment of bequests to others. The simple insertion of a clause naming the Keweenaw Land Trust as the direct or backup beneficiary of a portion of your estate will create a lasting legacy based on your wishes. The Land Trust can be named alongside other organizations to share the benefit of your charitable goodwill.
Some methods for leaving a legacy gift to the Keweenaw Land Trust include:
- Retirement assets or Life Estates
- Appreciated securities
- Real estate, with or without conservation value (please request our publication on donating land for more information)
- Cash or stocks
- Charitable gift annuities
- Life Insurance Proceeds
Benefits of a Bequest Your bequest will have a lasting impact on the Keweenaw Land Trust’s efforts to protect the land, water, and quality of life of the Keweenaw region. Benefits include:
- Your assets remain in your control during your lifetime
- You can modify your bequest if your circumstances change
- There is no upper limit on the estate tax deductions for charitable bequests
- Your estate’s tax liability may be reduced.
- It is private, and the Land Trust will honor your intentions including how you wish to be recognized.
Financial or legal professionals can assist you in making the right decisions for you and your heirs. Contact the Land Trust if you need help finding professional assistance.