Here is a giving tool that adds extra flexibility to your estate planning. You can provide that a life-income gift — a charitable gift annuity, unitrust or annuity trust — be created and funded by your estate. You make the provisions in your will or revocable trust, and they are carried out by your executor or trustee and The Nature Conservancy after your death.
Your estate will receive a charitable estate tax deduction for the gift, based on the value of the transfer minus the value of the beneficiaries' income interest.
The result? You help The Nature Conservancy while also benefiting children or other heirs, making one asset do the work of two. You lower the estate tax burden on your estate. You also get help in making special provisions for your heirs, either by providing additional resources for an individual or by limiting that individual to a life income rather than a large outright bequest.
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You can protect migratory birds and other natural places by making a planned gift with The Nature Conservancy. Contact us today.