Your Legacy Gift
A Lasting Testament of Your Values
Your Gift to Future Generations
A Legacy of Love of the Land
By including the Land Trust in your estate plans, you are leaving a legacy and making a statement about what has been important in your life. Your legacy gift will help ensure that the land you care about now will be forever protected and enjoyed by future generations.
There are a variety of ways you can make a legacy gift to the Land Trust, which we summarize here. We encourage you to consult your advisors regarding your financial, legal, or tax needs to make certain that your gift fits well into your overall circumstances and planning.
We appreciate your interest in including the Land Trust in your estate plans. If you notify us of your plans, we would be honored to include you in our Legacy Circle, either as a named or anonymous member. If you have already included the Land Trust in your estate plans, thank you! Please let us know, so that you can enjoy the benefits of being a member of our Legacy Circle, including invitations to special events.
To enroll in our Legacy Circle or request more information, please fill out this confidential form.
To include the Land Trust in your estate plans, please use the following language.
“The Land Trust of Santa Cruz County, a California non-profit corporation, with Business Address of 617 Water Street, Santa Cruz, CA 95060. Our taxpayer identification number is 94-2431856.”
We suggest you specify that your bequest be “used in such a manner as the Board of Trustees of the Land Trust of Santa Cruz County, in its discretion, determine.” If you prefer to restrict your bequest, the Land Trust will work with you to ensure that your wishes will be met.
TYPES OF LEGACY GIFTS:
Bequests are the most common type of planned gifts. They are easy to arrange and the bequest remains in your control. You can change your mind at any time and you can structure the bequest to leave a specific item, or amount or leave a percentage of your estate to the Land Trust. Your bequest is entitled to an estate tax charitable deduction for the gift’s full value. All that is needed is a few sentences in your will or trust.
Naming the Land Trust as a beneficiary of your retirement plans is easy and straightforward. Designation can be done (or undone) online, without the expense of an attorney. It allows you to direct assets tax free.
Life insurance designations are simple, flexible and have minimal paperwork, making them a popular method of providing funds to beneficiaries at your death. The beneficiary designation in your life insurance policy determines where the proceeds will be distributed, therefore are not typically transferred through your will. Life insurance can easily be distributed to a nonprofit such as the Land Trust, if we are named as a beneficiary of the policy the time of your death.
Real Estate Gifts
Naming a gift of real estate to the Land Trust can reduce your taxes, ease the demands of owning property, and even provide you with lifetime income. The Land Trust accepts two types of real estate gifts: conservation lands, which the Land Trust will retain, and properties intended for sale. If your intention is to restrict the use or sale of the property you would like to give, please contact our office to be certain that we can fulfill your wishes.
For more information or to let us know that you’ve included the Land Trust in your estate plans, please contact Kathleen Rose Hughes, Planned Giving Officer at (831) 600-5451 or email@example.com.