Planned Giving

Giving to the Future: Bequests, Land, and other Planned Gifts

There are many ways to leave the world a better place. One is by remembering and supporting the work of a charitable organization that has been important to you and or whose mission you embrace. The Piscataquog Legacy Society provides Piscataquog Watershed Association members and friends the opportunity to leave a legacy of conservation that lives on through the work of the PLC.

The PLC welcomes to The Piscataquog Legacy Society any individual or family who makes an extraordinary estate or lifetime gift. There are several ways of gifting for this purpose. A donor can:

• Include the PLC in a bequest,

• Gift land to the PLC whether by bequest or during the donor’s lifetime,

• Identify the PLC as the recipient of any other planned gift, including an IRA or 401(k), a prepaid insurance policy, and a charitable remainder trust (CRT) or other lifetime income gift.

The PLC recognizes Legacy Society members publicly, unless requested otherwise, in our publications and celebrates their generosity when bequests are realized and/or the gifts create a program or benefit a conservation project. Society members are invited to special events and in other ways are acknowledged for their generous commitment to the organization. Legacy Society members remain on the list of members even after their bequest has been realized by the PLC. Deceased donors are listed with an asterisk or other notation in all published lists. Charter members are those who become members during The Piscataquog Legacy Society’s first year.

How Does the Legacy Society Benefit the PLC?

By acknowledging intent to support the PLC in a planned gift, a Legacy Society member not only contributes tothe PLC but also, significantly, helps the Board predict and plan for our financial future. A strong financial future makes a convincing statement to the landowners and communities we serve that PLC is financially healthy. Not only can PLC meet the needs of today but it can also fulfill its land stewardship obligations into the future.

As documentation of intent, PLC requires that you provide a copy of the cover sheet and the relevant paragraph from your will or a letter from your lawyer verifying a provision has been made. The amount need not be disclosed, although for planning purposes it is desirable. All information remains confidential.

Note that IRSs, 401(k) s, and qualified pensions or other profit-sharing plans can also be gifted outside of a bequest by specifying the PLC as beneficiary.

Samples of Bequest Language

The following language will help your attorney in preparing your will or in adding a codicil to it.

Example 1:

If you intend to make a gift of a specific dollar amount or particular asset:

I give, bequeath and devise (dollar amount or description of asset) to the Piscataquog Watershed Association, now or formerly in the Town of New Boston, 5A Mill Street, in the State of New Hampshire, to be used for its general purposes.*

Gifts of Land The PLC gratefully accepts gifts of land and interests in land that meet its conservation priorities and will steward such land in perpetuity.  Since gifts of land can have significant stewardship implications or may not meet conservation standards, donors should discuss their intentions with the PLC in advance.  The PLC will also accept land with little or no conservation value that lends itself to sale or land that lends itself to sale subject to a conservation easement.  Income from such sales is used to support the work of the PLC. Other Planned Gifts Planned gifts can be useful to the donor in reducing the tax liability for heirs and providing additional or increased life income while creating generous contributions to the PLC.

For more information, please contact the PLC office.

However you choose to allocate your resources, your gift will be put to work protecting the Piscataquog River Watershed. A bequest of any size contributes to the PLC’s ability to carry out our conservation mission.