Leaving a legacy gift to Farm Aid benefits you and your loved ones through tax benefits and also helps keep family farmers on the land and thriving, for a future of good food for all.
After completing your estate planning that includes a donation to Farm Aid, you are invited you to send us a copy of the relevant section of your will or trust documents that outline your intent to Farm Aid. This helps us with our planning and also enables us to keep you up to date on our programs. Any information you share with Farm Aid is kept in strict confidence.
Bequests are one of the most common and simple ways to leave a legacy gift.
- Specific Bequest: Designate the amount of money or specific asset (property, securities, etc) you wish to donate
- Percentage Bequest: Designate the percentage of your estate you want distributed to Farm Aid
- Residuary Bequest: Instruct that any remaining part of your estate be distributed to Farm Aid after distributions made to family, friends, etc.
- Contingent Bequest: Instruct that Farm Aid receive assets in the event that a beneficiary in your will is no longer living
Gifts of Life Insurance
Another simple way to leave a legacy is to name Farm Aid as a beneficiary of any individual or group life insurance policy. You will get an estate tax deduction for insurance proceeds that go to Farm Aid upon your death.
Charitable Lead Trusts
With a charitable lead trust, you transfer cash or appreciated property to a trust, which makes payments to Farm Aid for a period of time after which the assets of the trust are transferred to your beneficiaries. These trusts are particularly useful for managing capital gains and gift taxes for assets that have appreciated in value.
Retirement Plans & Other Investments
An IRA, 401(K), 403(b) or another qualified retirement plan has tax benefits for accumulating assets, but at death they may be subject to income and estate taxes. Gifting these accounts makes use of the full value of the assets. To leave your IRA or other retirement plan to Farm Aid, contact your retirement plan company to request a beneficiary designation form.
Please let us know if you have included Farm Aid in your will, life insurance or estate plans so that we may thank you for your generous commitment to Farm Aid and our mission to build a vibrant, family farm-centered system of agriculture in America
The information on our planned giving page is for informational purposes only. As with any decision involving your financial or estate plans, we strongly advise you to seek the advice of your financial advisor for your estate planning.
Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. However, you may also transfer certificates directly. For more information, please contact firstname.lastname@example.org or call 617-354-2922 and ask to speak with Caroline Campbell McCormick.
Farm Aid values the privacy of our donors. Donor information is kept strictly confidential. We do not sell, rent or trade the names of our donors. Donor contact information is kept in a password-protected database on a secure network. Credit card donations are processed by a reputable e-commerce provider on a secure, encrypted website and credit card numbers are not retained by Farm Aid.