Planned Giving

 

Adams Society pinThe Adams Society

Launch your legacy in Adams County. Creating a legacy gift to the Land Conservancy can be a deeply meaningful way to help preserve the rural lands and character of Adams County while meeting your estate-planning needs, no matter what your financial circumstances and charitable-giving goals.

Click to learn why founding member Curt Musselman joined the Adams Society.

Easy ways to give:

Cash bequests. The simplest and most popular way to leave a legacy to the Land Conservancy is to include us in your will or living trust. Cash bequests may be made either as a specific dollar amount or as a percentage of your estate after you have made provisions for your family and friends. You can also name the Land Conservancy as a “payable-on-death” beneficiary on a bank account or certificate of deposit, eliminating the requirement to pass those funds through probate.

Securities. Gifts of stocks and other appreciated securities, including shares of mutual funds, help minimize estate administrative costs. These gifts also provide an easy way to give, as you can simply transfer the securities to the Land Conservancy through your broker.

Real estate and tangible personal property. Like most charitable gifts, gifts of real estate and tangible personal property also confer estate tax and income tax benefits in most situations, and can be included in a will. (Please note: The Land Conservancy’s general policy is to sell non-cash gifts as soon as market conditions are favorable. However, we will consider making special arrangements for retention of extraordinary tangible property upon your request.)

Life insurance. Naming the Land Conservancy as a beneficiary on a life insurance policy is an easy way to create a meaningful legacy while providing significant estate tax benefits.

Retirement plans or IRA assets. Naming the Land Conservancy as a beneficiary of your IRA, 401k, or other retirement plan is another way to support the Land Conservancy while reducing or eliminating the tax implications of your gift.

Contingent beneficiary provisions. Many people choose to include a contingent beneficiary provision in their will. The contingent beneficiary provision allows you to name your loved ones and family members as your primary beneficiaries, but also to name a contingent beneficiary, such as the Land Conservancy, to receive your gift should your primary beneficiary not survive you.

Gifts that provide income for you:

Charitable gift annuity. Charitable gift annuities allow you to support the Land Conservancy today while receiving a fixed income from your gift over your lifetime or that of a loved one, if you so chose. This option also may offer an immediate income tax deduction.

Deferred charitable gift annuity. This annuity offers immediate tax benefits but delays the income you receive from your gift until you reach a pre-determined age.

Charitable remainder trust. Under this agreement you receive income for the rest of your life from assets you place in this trust, the balance of which goes to the Land Conservancy after your lifetime. Charitable remainder trusts also provide income tax benefits during your lifetime.

Charitable lead trust. This trust provides income to the Land Conservancy over a set period, usually a number of years, and then the remaining trust assets pass on to your beneficiaries after your lifetime. Depending on the terms of the trust, this option can also provide significant estate tax and gift tax benefits.

Planning your legacy. Many people tell us that supporting the Land Conservancy is deeply meaningful to them and that they wish they could do more to help preserve the rural lands we all love. These are just a few of the ways you can leave a lasting legacy for the future of Adams County. Please feel free to contact us to learn more:

Land Conservancy of Adams County, Inc.
P.O. Box 4584
670 Old Harrisburg Road
Gettysburg, PA 17325
717-334-2828
Fax 717-337-0730
Federal Identification Number (EIN): 23-2827874
Email: lcac@adamscounty.us

 

Please note: The information presented here is not intended as legal or tax advice. Since the gifts described above sometimes involve complex tax and legal considerations, please consult your attorney, accountant, and/or financial advisor before deciding upon a gift.

Contributions to the Land Conservancy are tax deductible to the extent allowed by law. The official registration and financial information of the Land Conservancy of Adams County, Inc., may be obtained from the Pennsylvania Department of State by calling toll-free, within Pennsylvania, 1-800-732-0999. Registration does not imply endorsement.