Help preserve the beauty and unique history of McKee Botanical Garden for generations to come.
Through a planned gift to McKee Botanical Garden, you have the opportunity to support the Garden and receive lifetime benefits important to your financial future. Planned gifts include charitable gift annuities, bequests, and gifts of retirement plan assets and other assets.
All donors who include the McKee Botanical Garden in their estate plans or make a planned gift become members of the McKee Legacy Society. Members receive recognition on the McKee Legacy Society Donor Wall, The Garden bi-annual newsletter and Annual Report. The McKee Legacy Society is the Garden's way of saying "thank you" for your vision and dedication to McKee.
Explore how you can make McKee Botanical Garden part of your legacy and, in doing so, help this historic garden thrive for generations to come.
Bequest - A bequest to McKee allows you full use of your assets during your lifetime while leaving a lasting legacy to the Garden. Include McKee in your will or trust for a specific dollar amount, a percentage of your estate, or another type of provision to make a thoughtful gift to the Garden and receive potential tax savings for your estate. An unrestricted bequest provides flexibility to use the gift for McKee’s greatest needs. If you prefer to restrict your gift to a particular program or area of the Garden, please let us know.
Charitable Gift Annuity - To establish a charitable gift annuity, a donor makes a gift of cash or appreciated securities to the Garden. In exchange, the donor is eligible to receive a charitable income tax deduction and receives annual (or quarterly, or semiannual) payments for life. Payment amounts may be made to the donor or to another person and are based on the age of the person receiving the payments.
Charitable Remainder Trust - A charitable remainder trust is made during your lifetime with benefits to you and a deferred benefit to McKee. When cash or securities or another asset are transferred to a trust, you receive payments from the trust for life or for a term of years (not exceeding 20). At the end of the lifetime or term of years, the trust terminates and the assets are passed to McKee.
Charitable Lead Trust - Such trusts work just the opposite of Charitable Remainder Trusts. A charitable lead trust is established when cash or securities or another asset are transferred to a trust. You would arrange for McKee Botanical Garden to receive payments from the trust. At the end of the trust term, the remaining assets are distributed to the designated beneficiaries, usually children or other family members.
Life insurance - Name McKee Botanical Garden as beneficiary of all or a percentage of a fully paid life insurance policy you may no longer need and you may receive a charitable estate tax deduction for the portion you designate.
Retirement plan assets - Designating McKee Botanical Garden as the beneficiary of some or all of your IRA can be one of the most efficient ways to make a tax-free gift after your death. Name the McKee Botanical Garden as a percentage beneficiary of your retirement plan assets and your estate will receive the appropriate charitable estate tax deduction.
Stock and Bond - Avoid capital gains tax and receive an income tax deduction for the market value when you make a gift. Gifts of savings bonds have tax consequences when transferred to individuals but may be bequeathed to charities with fewer tax ramifications. If you are thinking of making a bequest to charity and own savings bonds, considering funding your bequest with savings bonds.
Real estate - Gifts of homes or real property offer benefits, too. Real property gifts may include gifts of a primary residence or a vacation home. You may deed your home or vacation home to McKee while residing in and maintaining it during your lifetime and still be eligible to receive tax savings. Real estate gifts are subject to review by the McKee Botanical Garden.
Remember to consult your attorney or other advisor before making a bequest or planned gift. This information is for educational purposes and is not intended as legal advice.