Planned Giving Options

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Bequests

One of the simplest ways to make a gift to Music in the Mountains is through your will. You can name Music in the Mountains the direct beneficiary of specific assets, of a portion of your estate or of your residual estate after payment of other bequests. Bequests to Music in the Mountains are entirely free from federal estate tax and can therefore offer substantial tax savings. There is no limit to the amount you can leave Music in the Mountains through your will.

Gifts of Securities

A gift of long-term appreciated marketable securities helps you save taxes twice by providing an income tax charitable deduction and a capital gains tax saving.

Gifts of Real Estate

When you give a gift of real property, you may claim an income tax charitable deduction based on the full market value of the gift, avoid capital gains taxes, and eliminate certain costs associated with the transfer of real property. Music in the Mountains reserves the right to review real estate gifts.

Retirement Plans

You can name Music in the Mountains as a beneficiary of your Individual Retirement Plan (IRA), Keogh plan, 401(k), 403(b), or other qualified pension plan. You may name Music in the Mountains as beneficiary for part or all of what remains in your retirement account. The proceeds of these plans are distributed outside of probate and are entirely free from federal estate tax.

Gifts of Endowment

An endowment is maintained in perpetuity, with a portion of the annual investment return used for purposes specified by the donor, and the rest of the investment yield re-turned to the principal. We have set up a general endowment fund; however, individual endowment funds can be created subject to minimum size requirements.