Planned Giving to the Concord Museum The 1886 Society recognizes those who have given bequests and those who make their planned gift known to the Concord Museum.
Types of Gifts:
Bequests Bequests are the simplest way to make a planned gift to the Concord Museum that ensures that this treasured institution will continue to serve the community and the region for many generations. Bequests may be in the form of cash, stock, retirement funds, life insurance, real estate, or other property and are tax-deductible for federal estate tax purposes.
Charitable Remainder Trusts
A charitable remainder trust pays you and/or another beneficiary income for life, provides a charitable income tax deduction, and can be an effective means of reducing capital gains and estate taxes. You can choose yearly payments that are either a fixed amount or a percentage determined annually. In return, the Concord Museum receives the principal that remains in the trust when it ends.
You can designate the Concord Museum as a beneficiary of all or part of your IRA or retirement plans, and 100% of the funds will go towards furthering the Museum’s mission.
You can name the Concord Museum the beneficiary of a life insurance policy and avoid estate taxes.
Make a Planned Gift and Join the 1886 Society
For more information or if you have already named the Concord Museum in your estate plans, please have your estate advisor contact Leah Giles, Director of Development, firstname.lastname@example.org, 978-369-9763 x210