Create your legacy with a planned gift to WRWA that can help you meet financial goals while providing long term support to protect and restore the Westport River and its watershed. There are a number of creative ways to give. Be sure to consult your financial advisor or attorney.
In 1997 member Margo Boote left a large bequest to WRWA. Her generosity and prior planning with her financial advisor was “the beginning of new beginnings” for the organization.
A bequest can be made through your will or retirement plan where you specify the assets you wish to leave to WRWA. Your estate can take a charitable deduction for the full amount of your bequest. If you have already written your will, you can add a codicil to include your bequest.
When you designate all or a portion of unspent retirement fund assets, you may find it is worth more than when left to your heirs.
Life Income Gift
A Life Income Gift allows you to receive income payments for life over a fixed period of time in exchange for your gift of cash, appreciated securities, or other assets such as real estate.
Charitable Lead and Remainder Trusts
You can provide regular support to WRWA for a defined period of time (a specific number of years or an individual’s lifetime), then, when the trust terminates, the remaining assets are paid to your heirs.