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There is a common misconception that only the rich need to make a will. That is not true. A will eases the complexity of transferring wealth to loved ones and, without a will, regardless of your personal wishes, state laws will determine the transfer of your estate.
There is an even bigger misconception that only the super-rich leave money to charity when they die. That’s also not true. In fact, most gifts by will (bequests) are made by everyday people who want to have a lasting, positive impact on their community.
Your generosity will ensure that Coastal Maine Botanical Gardens will continue to provide inspiration and joy to children and adults alike.
Here are four reasons why you should include the Gardens in your will:
A Gift by Will Is Easy to Make
A bequest is one of the easiest charitable gifts to make. It is simple to implement and easy to change, should you ever need to. You can give specific property, or designate a dollar amount or a percentage of your estate. You can also designate the Gardens as a beneficiary of your retirement plan or life insurance policy.
A Gift by Will Does Not Alter Your Current Lifestyle
Making a bequest is a way to demonstrate a commitment to the future of the Gardens that does not affect your current asset balance or cash flow. There are no substantial costs, and the gift can easily be modified to address your changing needs.
A Gift by Will Can Change Lives
The Gardens places a high value on environmental awareness and educating visitors of all ages about the importance of conservation and sustainability. A bequest can help the Gardens further its mission and continue making a difference for generations to come.
A Will Creates A Lasting Legacy
Including the Gardens in your will cements your legacy and connection to this wonderful place. You can demonstrate your commitment to the future of the Gardens and, better yet, increase your support to a level you may have always wanted to, but were unable to achieve during your lifetime.
If you can be certain that neither you nor your family will need to make changes in the future, you may wish to consider making your bequest irrevocable, which can help the Gardens plan and ensures that your generous gift makes the biggest impact. We would be happy to work with you and your advisors to explore how an irrevocable bequest might work for you.
You don’t have to be wealthy to make a difference. Whoever you are, whatever your situation, you can help make a better world by including a charity in your will.
To learn more, visit our bequest page.