Bequests
A bequest are gifts made as part of a will or trust and one of the easiest ways to leave a lasting impact on our horses. There are four different types, and can be made by including language in your will or trust directing how the gift be made.
If you are considering a bequest, you will need to provide your attorney with the following important information:
Name and address of the organization:
Travellers Rest Farm Sanctuary
7450 Emory Pl, Hughesville, Maryland 20637
Phone: 301–922-7029
Tax ID Number: 83-4531103
Tax Status: Not-for-profit 501(c)(3) corporation
Contact:
Beth Kokoruda, Executive Director, 301-922-7029, trfsanctuary@gmail.com
Charitable Trusts
Charitable Lead Trust
When you contribute securities or other appreciating assets to the Lead Trust, the trust will make annual payments to us for a specified period of time. When the trust terminates, the remaining principal is paid to your heirs — including all appreciated value tax-free. Annual payments can be set as a fixed dollar amount or as a percentage of the trust principal. The term of payments is also flexible, lasting for a specified number of years or for a lifetime.
Charitable Remainder Trust
When you contribute securities or other appreciating assets to the Remainder Trust, the trust will make annual payments to you or a specified beneficiary for a period of time. When the trust terminates, the remaining principal is paid to us to be used as you have directed. Annual payments can be set as a fixed dollar amount or as a percentage of the trust principal. The term of payments is also flexible, lasting for a specified number of years or for a lifetime.
Gift Annuity
When you contribute cash or securities to us, we will pay you or your beneficiary a fixed income for life. Charitable Gift Annuities are recommended for donors aged 65 or older. Not ready to retire yet? Income from a gift annuity can begin immediately or can be deferred for period of time, resulting in larger payments later in life. Deferred Gift Annuities are recommended for donors aged 40 or older.
Retained Life Estate
Transfer the title of your residence, farm, or vacation home to us. Continue to live in, maintain, and pay taxes on the property for life. When your life estate ends, the property passes to us.