LEAVE A LEGACY OF CONSERVATION
A planned gift is a meaningful way to support the Land Trust in the future through arrangements you make today. Planned giving’s flexible options meet the financial. personal and family goals of Land Trust supporters in a variety of situations: young or old. wealthy or with modest financial means.
When the Land Trust preserves a special place, we make a promise that the land will be protected in perpetuity. By joining the Land Trust Legacy Society, you memorialize the values and beliefs that we share.
PLANNED GIFTS CAN TAKE MANY FORMS
WILLS OR TRUSTS
The Land Trust can be remembered in wills through cash or property bequests. This is one of the simplest and most common ways to make a future gift. You can make a bequest to the Land Trust by leaving:
- a dollar amount or percentage of your estate;
- a specific asset such as a home or collectible items; or
- a remainder of your estate after all other beneficiaries have received their inheritance.
Another simple, tax-wise option is to name the Land Trust as the beneficiary of a life insurance policy or retirement account.
APPRECIATED ASSETS
By donating appreciated assets, such as stocks, bonds, and securities, you can avoid capital gains taxes on the appreciations, receive a tax deduction for the full value of the gift, and support the Land Trust at a lower cost to you. Please talk with your financial advisor to confirm the full deductibility of your donation.
CHARITABLE IRA ROLLOVER GIFTS
Legislation passed in December 2015, allows individuals 70 1/2 years and older to make distributions of up to $100,000 per person, per year directly from an IRA to a qualified charity, such as the Land Trust. Gifts such as this count as required distributions, are not taxed, and can be deducted against taxes and other income sources. Donating this way may decrease your income and as a result, lower your tax liability – a significant financial benefit for you and your family.
ADDITIONAL LEGACY GIVING OPTIONS
If you have interest in exploring planned giving mechanisms such as reserve life estate, annuities, and charitable remainder trusts, please contact us.
IT’S EASY!
It is important to consider the best way to give – one that takes into account your own particular personal and financial circumstance. We encourage you to contact your tax advisor or attorney to discuss your personal circumstances and financial goals. The Land Trust can also help you learn about various planned giving options that are best for you.
To include the Land Trust in your estate plans, please use the following language: The Land Trust for Santa Barbara County, a nonprofit corporation located at 1530 Chapala Street, Santa Barbara, CA 93101. Tax identification number: 95-3797404.
LET US KNOW
If you have already included the Land Trust in your estate plans, you are invited to become a member of the Land Trust Legacy Society. Membership in the Legacy Society allows us to honor you now for your thoughtful future gift. Please call Hilary Doubleday, Donor Engagement Manager, at (805) 966-4520.
