Leave A Legacy
One of the easiest and most popular ways to make a planned gift is to include the International Lineman Museum in your will or revocable living trust. Receive potential tax savings for your estate by including International Lineman Museum in your will or trust for a specific dollar amount, a percentage of your estate, or another type of provision.
The value of your bequest to the Museum is fully deductible for tax purposes. You may also establish an income-producing planned gift for the benefit of others through your will, thereby reducing your taxable estate. A bequest, whether outright or to fund a planned gift, can be a useful and advantageous addition to your estate plan.
If you prefer to restrict your gift to a particular program or area of the Museum, we can do that too.
There are several ways for you remember the ILM in your will or trust:
- You may name the Museum as a specific beneficiary, stating a fixed dollar amount or a percentage of your estate that you wish to leave the Museum.
- You may name the Museum as a remainder beneficiary, providing for the Museum to receive assets from your estate after all your specific beneficiaries have received their assets.
- Your gift may also be contingent, so that assets go to the Museum if someone named as a beneficiary does not survive you.
- In addition to cash, you can bequeath securities, real estate, art, and other forms of personal property. A bequest can be made for the general benefit of the Museum or for the benefit of a particular department or program. If you decide to designate your gift for anything other than general use, we strongly encourage you to contact the Development office in advance. This will enable us to work with you and your tax counselor to ensure that we are able to accommodate your wishes.