Planned Giving is a term that refers to setting up a mechanism to make a gift that benefits a charitable organization, like the ’Sconset Trust, at some time in the future. Depending on how you arrange your planned gift, it will have distinct tax, financial, and charitable benefits. You will need to consult with your financial advisor to determine what is right for you.
Planning for future charitable contributions can be a beneficial estate planning tool that also allows you to leave a legacy of the land you love here in ’Sconset. Gifts may take many forms such as bequests, securities or real estate.
A Bequest is the simplest method of Planned Giving. A provision in your will provides a gift to the ’Sconset Trust from your estate.
Other ways to make a charitable gift to the ’Sconset Trust include a Charitable Remainder Trust, Charitable Lead Trust and Gift Annuity. These can be structured in such a way that a fund is established so that you receive income for a specific period of time or until death. For this type of Planned Gift, the ’Sconset Trust recommends that you consider a large charitable fund such as the Community Foundation for Nantucket to administer the gift.
If you are considering a Planned Gift to the ’Sconset Trust, we can serve as a resource for more information or to discuss how this type of gift could be used to create the legacy you envision. Please contact your financial advisor and the Trust office firstname.lastname@example.org for more information. All inquiries are handled in the strictest confidence.
A charitable gift to the ’Sconset Trust protects the historical and environmental fabric that make ’Sconset so exceptional.