Shape the Future with Your Legacy Gift

 

A legacy is more than a gift. It is an expression of your passion and the things that matter the most to you. 

Who Can Make a Planned Gift?


ANYONE CAN! Legacy gifts are not only for the very wealthy. The greatest benefit of planning your gift now is the ability to maintain your current standard of living while ensuring you can support and enhance the future of the Kellogg-Hubbard Library exactly as you wish. You may also receive significant tax benefits from your gift.


Explore Options for Making a Planned Gift


How you choose to structure your gift to the Kellogg-Hubbard Library depends on your goals and timeline. To explore the kinds of planned gifts you can make, consider the options below.


Bequest/Legacy Gift


Designate the Kellogg-Hubbard Library to receive a specific dollar amount, property, percentage or residual amount of your assets in your will.


Advantages:


   • Flexibility to change your mind
   • Offers continued access to your money
   • May reduce taxes on your estate


Retirement Assets, Life Insurance,
Bank Accounts


Designate the Kellogg-Hubbard Library as beneficiary on retirement assets, life insurance, bank accounts and other investment accounts.

Advantages:


   • Does not require changing will/trust
   • 100% of funds available to KHL, without                    incurring any tax for your other beneficiaries.

 

Logistics for Gifts in Your Will


We want to be sure we can carry out your wishes.


    SAMPLE LANGUAGE:

     I hereby give, devise and bequeath to the                Trustees of the Kellogg-Hubbard Library
    dollars ($ ), or percent ( %) of my estate, to              be used for the benefit of Kellogg-Hubbard

    Library as the Trustees thereof may direct.


To ensure your bequest comes to the Kellogg-Hubbard Library, include our full legal name and our federal tax identification number in any documents about your legacy gift:


Legal Name & Address:
Kellogg-Hubbard Library
135 Main Street
Montpelier, VT 05602


Federal Identification Tax Number:
03-0181056


Every person who is preparing an estate plan should seek the advice of their attorney and financial advisor before executing a will or living trust.

To print the information on this page click here.

To print a Bequest Intention Form click here.