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Planned Giving

The Walker Legacy Society recognizes the generosity of supporters who have chosen to remember Walker in their estate plans through a will, trust, or other planned gift arrangement. You can become a member of the Walker Legacy Society by including Walker in your estate plans.

A planned gift is any current or deferred charitable gift that is designed, usually with professional advice, to optimize a donor's financial, tax, and estate plans while helping to guarantee the long-term financial security of one or more charitable institutions. Planned gifts provide the resources that create extraordinary opportunities and preserve our future. Throughout its history, Walker has been the beneficiary of numerous bequests. 

A brief description of some of the ways to plan a gift to Walker are listed below. As always, you should consult with legal and financial professionals for the method that best suits your needs. Once you have made the decision to include Walker in your estate plans, please contact Carolyn M. Wood, Vice President of Advancement, at (781) 292-2144 so that we may recognize you in the Walker Legacy Society.

Bequests 

Bequests to Walker:

  • a specific bequest of a dollar amount which is exempt from estate taxes;
  • a residuary bequest of all or a portion of a donor's estate after the payment of specific amounts to other beneficiaries; and
  • a testamentary trust, the principal of which is paid to Walker upon the death of beneficiaries of the trust income.

Life Insurance 

Donors might consider assigning their present paid up life insurance policy to Walker. You may also designate the organization as the sole beneficiary of the policy, retaining the right to change the beneficiary at any time. 

Charitable Remainder Unitrust 

This type of separately managed trust may be established with a minimum contribution of $100,000 when the trust is created, at which time the donor selects a fixed percentage (not less than 5%) of the fair market value to be received annually as income from the trust. The percentage received each year does not vary, but the actual income may vary depending on the fair market value of the trust's assets. The donor is entitled to a charitable deduction at the time the trust is created; no capital gains tax is imposed on the donation of appreciated securities and the gift reduces the size of the taxable estate. 

Gifts of Real Estate And Other Personal Property

Gifts of appreciated real estate or tangible personal property offer additional ways to support Walker. A variety of options are available to donors interested in making a gift of real estate or other personal property. Such plans can offer tax advantages to the donor and some provide for lifetime occupancy rights or income. Walker must determine if gifts of real estate or personal property are appropriate for the organization prior to accepting them. 

IRAs 

You can name Walker as a beneficiary of your retirement account.