Planned Giving

 

What will be your legacy?

If you care about sharing Maine’s maritime culture, consider including Maine Maritime Museum in your estate plans.

Planned gifts include real estate, cash, publicly traded stock, and a percentage or specified dollar amount of a life insurance policy or retirement account. Most commonly, an individual will name Maine Maritime Museum in his or her will, bequeathing a set dollar amount or set percent of the estate to benefit the museum. (e.g., I hereby give and bequeath the sum of $25,000 to Maine Maritime Museum; or I order and direct one-half of my estate to be distributed to Maine Maritime Museum.) View a sample codicil here.

Maine Maritime Museum also offers charitable gift annuities (CGAs) and charitable remainder unitrusts (CRUTs), which provide both a gift and income. In these cases, the donor transfers assets to the museum in exchange for income payments, and also receives a tax deduction and other potential tax savings. The remaining funds transfer to the museum upon the death of the final income beneficiary. CGAs require a minimum gift of $10,000; CRUTs require a minimum gift of $100,000.

The Capt. W.J. Lewis Parker Leadership Society recognizes those who have made planned gifts benefiting the museum. Join the Parker Society today by notifying the museum know of your estate plans.

For more information, please contact Rebecca Roche at 207-443-1316 x 327 or roche@maritimeme.org.