2007 Legacy Society
Legacy gifts may be made in a variety of different ways and include gifts made by naming Nutmeg Senior Rides, Inc. as a charitable beneficiary in:
A Will in which Nutmeg Senior Rides is named as a partial or sole beneficiary. The following suggested language may be used when making a bequest by Will:
"I give, bequeath and devise to Nutmeg Senior Rides, a Connecticut charitable corporation headquartered at 856 East Street South, Suffield, CT 06078 (_______% of the residuary estate/_______%of the estate/or the sum of $_______) to be used for _______ ("its general purposes" or insert language restricting the bequest for a particular purpose which is acceptable to Nutmeg Senior Rides)
A charitable remainder trust which provides income to the donor or someone the donor designates and at the close of the trust then results in a gift to Nutmeg Senior Rides, Inc. a charitable lead trust which provides annual payments to Nutmeg Senior Rides, Inc.
For a specified period of time and then at the end of that period of time results in the corpus the trust passing to the estate of the donor at a tax advantageous basis a life insurance policy on the donor's life
A bank, stock, retirement, IRA or donor advised fund account
A Legacy gift may also be made through a Life Estate Contract whereby a donor gives a principal residence or farm to Nutmeg Senior Rides and retains the right to occupy the residence or farm for life.