What is Planned Giving?

Planned gifts are simple to arrange, flexible, and provide benefits to both the donor and the Adventure. These gifts create a lasting legacy in the donor’s name, ensuring that the history and heritage of Adventure continue for generations to come.

Planned Giving options include:

• Gifts designated in a will or trust

• Charitable gift annuities

• Life insurance gifts

• Gifts of real estate or property

• Gifts of stock or appreciated assets

Designating a Planned Gift to the Gloucester Adventure, inc. involves no cost and does not affect current cash flow or financial plans. These gifts do not have to be in cash, can offer tax savings, and may even generate income.

The benefits of Planned Gifts include:

• Providing financial security for family members or loved ones

• Transferring assets for greater earning potential

• Reducing income and/or capital gains taxes

• Generating income from a personal residence

• Lowering tax liabilities for heirs

• Establishing a lasting legacy for future generations at Adventure

• Creating a more significant impact than initially imagined

Preparing an estate plan need not be complicated.

• Take time to understand all your assets, including retirement funds, so you’re fully informed.

• Reflect on the people and organizations that are most important to you.

• Select a trustee who aligns with your values and vision.

• Connect with an estate planning professional to guide you through the process.

• Have open and heartfelt conversations with your loved ones and family about your decisions.