MAHOOSUC LAND TRUST
Planned Giving
Including a gift to Mahoosuc Land Trust in your will, or naming us as a beneficiary of an insurance policy strengthens our ability to protect and preserve the wildlife, clean water, forests, mountain tops, and fields that are central to the quality of life we all enjoy on the lands of the Mahoosuc Region.
Leave a Legacy:
Make a lasting impact
Planned giving is one of the most impactful ways you can support Mahoosuc Land Trust’s mission. Becoming a member of the Legacy Circle will provide you with the confidence that MLT’s mission will continue for generations to come. Planned gifts are used to sustain the mission of MLT to help ensure the future of conservation in the Mahoosuc Region.
Ways to Make a planned gifT
Making a Bequest
Bequests are the most frequent type of planned gift received by Mahoosuc Land Trust. Bequests can be designated or undesignated, according to your wishes and the priorities of MLT. A bequest can be specific, conditional, or residual.
Retirement Assets
One of the simplest and most tax-wise ways to include Mahoosuc Land Trust in your estate planning is through your Individual Retirement Account (IRA), 401k, 403b, or other retirement plan. These gifts simplify your planning, and your heirs may benefit from a reduced estate tax burden. Completing a beneficiary designation form requires minimal paperwork and often can be accomplished directly on the retirement plan provider’s website.
Life Insurance Policies
Life insurance policies are another simple way to designate Mahoosuc Land Trust as a primary or contingent beneficiary. You may also donate a policy that is paid-up, or one with ongoing premium payments. MLT will not commit to making premium payments on policies from its own funds; however, if you continue to make premium payments on a policy after MLT owns it, those payments may be tax-deductible. Please consult your life insurance provider and tax advisor for more information.
Life-Income Gifts and Trusts
Life-income gifts enable you to make a legacy gift MLT while providing you or another beneficiary with income for life. Several gift options include charitable gift annuities, deferred charitable gift annuities, and charitable remainder trusts. A charitable gift annuity provides an immediate gift to MLT while providing a secured income stream for an individual during their lifetime. If you have already established a charitable trust, please consider adding MLT as a beneficiary. MLT does not act as a trustee on trust arrangements. Please consult with your advisor to further explore these options.
Personal Property:
Your art collection, valuables, and other cherished personal property that you have acquired over a lifetime may be able to be donated to MLT. When you donate gifts of tangible and intangible personal property you may receive an income tax deduction by removing the asset from your taxable estate or potentially reducing capital gains tax.
Gifts of Real Estate:
Learn more about gifts of real estate here.
We are here to help
Although we cannot provide tax or legal advice, we are happy to provide information on options to help you and your advisors integrate your charitable giving into your overall tax, financial, and estate planning.
Anyone who makes a bequest or planned gift is considered a member of MLT’s Legacy Circle.
For more information on leaving a legacy through planned giving, contact Kirk Siegel or Barbra Barrett through email, or by calling 207-824-3806.
Mahoosuc Land Trust's tax identification number is 01-0447619.
“As the natural world becomes squeezed into smaller and smaller tracts, we value MLT’s efforts to conserve and protect vital ecological habitats. Supporting MLT through legacy gifting in our estate plans puts into action what we envision and hope for this beautiful and special sliver of the world long after we have departed.”
- Amy and Stephen, Legacy Circle