Give a Gift to the Next Generation with CRLC
Retained Life Estate
A donor may generate a current income tax deduction by giving a home, land or farm to CRLC, while retaining the right to occupy, rent or otherwise use the property during the donor’s lifetime. The property will also be removed from the donor’s taxable estate. With a retained life estate, you can continue to enjoy your property, knowing that it is protected forever.
Bequests
If you’d like to support the sustainability of CRLC but don’t feel you can make a significant gift at this time, you may want to consider a charitable bequest. A bequest under your will or living trust can complement your lifestyle and commitments today while supporting CRLC tomorrow.
A bequest can be a helpful option because…
- It is not payable until death, so it does not affect your assets or cash flow during your lifetime.
- It is revocable – you can change the provisions in your will or trust at any time, and
- It is private – your will is not filed or made public until your death, and your living trust will always be a private document.
To discuss making a bequest to Capital Region Land Conservancy or arranging a retained life estate, please reach out to CRLC’s Executive Director, Parker Agelasto to start the conversation: parker@capitalregionland.org.