Legacy Gifts

Leave a lasting gift of land preservation.

Leave a Legacy of Land Preservation

Although often overlooked, a giving option that you may want to consider is a legacy gift. Most legacy gifts offer tax benefits, have little or no current financial impact on you, and may result in the largest and most lasting one-time gift you ever make to the Land Trust. You can create a legacy of land preservation through a bequest or will, a life income gift (such as a charitable gift annuity, or a charitable remainder trust), or a gift of special assets (such as real estate, stock, life insurance, retirement accounts).

Here are some options to consider…​

  • Transfer your mandatory IRA Distribution directly to the Land Trust of North Alabama. Are you 72 years or older? ​If so, you may be facing a mandatory minimum IRA distribution that could count toward your taxable gross income. If you transfer your distribution directly to the Land Trust as a donation, you will avoid having those funds included in your taxable income. It is a simple way for you to satisfy the requirements of your mandatory IRA distribution, while at the same time making a significant impact on land preservation.
  • Identify the Land Trust as a beneficiary in your will. You can name the Land Trust as a beneficiary in your will to receive a portion of your assets upon your death.

  • Add the Land Trust as a primary or contingent beneficiary to your life insurance policy. Do you have a life insurance policy that was purchased for a need that no longer exists? If you name the Land Trust of North Alabma as a beneficiary, we would be the recipient of death benefit proceeds from your policy. You can make a sizeable gift to the Land Trust while at the same time reducing the size of the taxable estate for your heirs.

  • Name the Land Trust of North Alabama as a primary or contingent beneficiary of your trust. If you have a trust, you can name the Land Trust as a beneficiary. This allows you to dictate the terms of charitable disbursements after your death and will help your heirs avoid the probate process.

  • Preserve YOUR land and ensure it’s protected for future generations to enjoy. Learn more about land donation.

If you are interested in learning more, please contact Hallie Porter at 256-534-5263 or hallie@landtrustnal.org. If you have already named the Land Trust of North Alabama as a beneficiary in your estate planning, please let us know. We would like to thank you now!

*As with all financial decisions including charitable donations please talk to your attorney or financial advisor for the most accurate and up-to-date information.