Bequests and Planned Gifts

The Legacy Society at Lauralton Hall is comprised of loyal and deeply caring people who have provided for the school in their estate plans. Lauralton Hall is grateful to this special group of donors for their foresight, generosity and unwavering commitment to the school.

Donors who wish to leave their legacy to Lauralton Hall are invited to join the Legacy Society by making a planned gift to the school. Aside from the benefits of eliminating or reducing taxes, providing for family security, or receiving a guaranteed lifetime annual income stream, a planned gift provides joy—to the donor, to Lauralton Hall, to today’s students, to tomorrow’s students.

A planned gift will play an important role in strengthening the school and will endure for future generations of Lauralton Hall ladies. There are many planned giving opportunities available, including these:

Bequest - A provision of one's estate plan (will or living trust) that includes Lauralton Hall as a beneficiary. The three principal bequests are:

• Specific bequest of money or property
• Residual bequest of the remainder of the estate after specific bequests
• Contingent bequest (gift to Lauralton Hall occurs only if named beneficiaries die before the donor)

Planned Gift - An irrevocable gift that provides a donor with a life income stream or other benefits and specifies Lauralton Hall as the charitable beneficiary. Types of planned gifts are:

• Charitable Remainder Trust
• Charitable Gift Annuity
• Charitable Lead Trust

Life Insurance - Gifts of life insurance can be made through transfer of ownership or beneficiary designation. The donor is responsible for maintaining the value claimed for the donation.

Qualified Retirement Plan – As much as 80% of the remaining principal value of a tax-deferred retirement plan [IRA, 401(k), 403(b), Keogh, etc.] can be taken in taxes from a named beneficiary. Selecting Lauralton Hall as the beneficiary of a Qualified Retirement Plan allows the donor to leave other, lower-taxed assets to family members.

The Development Office at Lauralton Hall is pleased to assist donors and their financial counsel with their estate plans. For more information, please direct confidential inquiries to
Lisa Hottin, Executive Director of Development
lhottin@lauraltonhall.org
(203) 877-2786, ext. 129.