Leave a Legacy

PLANTING FIELDS PLANNED GIVING

Planting Fields Foundation is a non-profit, educational foundation and was chartered in 1949 for the support and development of Planting Fields Arboretum. Since 1972, Planting Fields Foundation has worked in partnership with the New York State Office of Parks, Recreation and Historic Preservation to staff, interpret and preserve the historic structures and landscape features throughout the 409-acre estate.

Our mission is to preserve, and interpret Planting Fields Arboretum State Historic Park as the premier public garden and Gold Coast Estate.

When you include Planting Fields Foundation in your estate plans, you help to sustain our mission to preserve the historic landscapes, architecture, and collectionsfor generations to come.

You can name Planting Fields as a beneficiary in your Will, life insurance, IRA, or retirement plan and can also establish a gift that will provide you payments for life by funding a charitable gift annuity or charitable remainder trust.

Ways to Give

Bequests

A charitable bequest is one of the easiest ways of making a generous gift to Planting Fields Foundation. There are several ways to give a bequest. You can give an outright bequest which can be a specific amount, a percentage, or specific property. You can also give a residuary bequest or a contingent bequest. A bequest can help you meet your estate planning goals. An estate tax charitable deduction for the entire amount of the gift is allowed, you should discuss this with your financial, tax, and legal advisors.

Charitable Remainder Trusts

Charitable remainder trusts is an irrevocable contribution of cash, securities, or other property which is placed in a trust which allows one or more named beneficiaries (including yourself) to receive an income stream from the trust for life/fixed term (not to exceed 20 years) and Planting Fields Foundation would receive the remainder of the trust. There are significant income and estate tax advantages you should discuss with your financial, tax, and legal advisors.

Charitable Lead Trusts

Charitable lead trusts is an irrevocable contribution of cash, securities, or other property which is placed in a trust which allows Planting Fields Foundation to receive an income stream from the trust for life/fixed term (not to exceed 20 years) and one or more named beneficiaries would receive the remainder of the trust. There are significant income and estate tax advantages you should discuss with your financial, tax, and legal advisors.

Life Insurance Policies

You can name Planting Fields Foundation as the beneficiary of an existing or new life insurance policy. This type of contribution is generally made if the policy is no longer needed to provide for your dependents. A charitable income tax deduction is generally allowed and should be discussed with your financial, tax, and legal advisors.

Beneficiary Designation

You can name Planting Fields Foundation as the beneficiary on assets such as bank accounts or retirement plans. This can easily be done by filling out a beneficiary form. There are significant tax advantages you should discuss with your financial, tax, and legal advisors.

You should review all planned giving options with your financial, tax, and legal advisors. Planting Fields Foundation cannot render legal or tax advice.

For additional information please contact Lilly McGurk, Director of Membership and Development at 516-922-8676 or email: emcgurk@plantingfields.org.