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Each of us will ask ourselves these types of questions one day. Of course, this leads to thinking about family, community, and what has been meaningful in one’s life.

You may be one who believes that Maine has a special heritage and character, shaped by its rocky shores and sand beaches, the water and the wind ñ the ways of life and culture that developed here are things that are valuable today, as they were yesterday. If so, you may choose to make a significant gift through your will or another vehicle that will help Maine Maritime Museum’s mission in a lasting way.

Planned gifts are generally classified by what vehicle they use or by what asset is transferred.

Bequests are stipulated in one’s will, or added to an existing will in a codicil. Typically they are simple statements of an asset, a set dollar amount or set percentage of one’s estate bequeathed to Maine Maritime Museum.

Charitable remainder trusts are a legal tool for individuals with substantial assets to strategically maximize tax advantages by moving particular assets out of their estates into trusts that manage the assets. The trust’s purpose is to initially generate income to beneficiaries and ultimately, to benefit a charity like Maine Maritime Museum. Charitable lead trusts are similar tools that benefit the charity initially, rather than later. Attorneys with estate planning expertise work with individuals and their families to draft what best will accomplish the individuals’ intent.

Planned gifts classified by asset ñ for example life insurance, retirement plans, real estate, personal property or business property ñ may be donated during one’s life or under the terms of a will or trust.

Maine Maritime Museum is thankful to those who have chosen to include the Museum in their wills or have otherwise provided for a planned gift. As you tour the Museum buildings and grounds and note the honor rolls and signs recognizing those individuals, please join us in gratitude for their lasting legacies.

Bequests may also be in the form of an item or a collection of historic objects, or library or archival material. E-mail our Curator to discuss of this sort of gift or call (207) 443-1316 ext. 328.