Share Your Conservation Legacy

March, 31 2017  |  by kevin Back »

Nearly a decade ago, Vital Ground launched the Silvertip Legacy Circle to recognize donors who make a lasting commitment to protect grizzly habitat by pledging support through wills, trusts, life insurance or other planned gifts. A planned gift can generate special tax and/or income benefits for the donor’s lifetime; it also provides future benefits to a charitable organization like Vital Ground. There are many ways to make a planned gift, including wills, living trusts, charitable gift annuities, charitable remainder trusts, charitable lead trusts, life estates and life insurance.

GIFTS THROUGH YOUR WILL
Making a gift in your will or “living trust” through an outright, residuary or contingent bequest could be the most realistic way to provide a substantial contribution to Vital Ground while obtaining major benefits for you and your estate. A gift through your estate may reduce or even eliminate federal estate taxes.

CHARITABLE GIFT ANNUITY
A charitable gift annuity can pay you an annual fixed income for life for up to two beneficiaries, age 65 and older. Vital Ground offers charitable gift annuities according to rates provided by the American Council on Gift Annuities.

CHARITABLE REMAINDER TRUST
A charitable remainder trust provides income for life or for a fixed number of years. You select the term and the payout rate. The lower the payout rate, the higher the charitable income tax deduction.

CHARITABLE LIFE ESTATE
A home, other kind of personal residence, perhaps a farm or a ranch, a parcel or a remote acreage can be gifted to Vital Ground with the donor receiving a life interest in the property. Outright gifts of property or undivided interests in a property prior to a sale can also be mutually beneficial.

GIFTS OF LIFE INSURANCE
A life insurance policy can also be a wonderful gift to leave to an organization, whose mission you support. You can name Vital Ground a primary, secondary, final or remainder beneficiary of your current policy or you can transfer ownership of a policy to a non-profit organization and receive an immediate income tax deduction.

Planned giving can be complicated and often requires professional input and guidance. The Vital
Ground Foundation would be happy to work with you to help you realize your dreams, meet your needs, and help save a place for magnificent bears and wild critters. We are working to ensure a future for grizzly bears; your planned gifts can add to their and your shared conservation legacy. For more information, email Kim Davitt or call 406-549-8650.

 

Kodiak brown bear and cub photo by Philip Demanczuk.