Legacy Giving
Legacy gifts to MECT are an enduring way to support the causes that matter most to you, both during and beyond your lifetime. In addition to supporting MECT’s mission, legacy gifts may provide income or tax benefits for both you and your heirs. Below are some more common Legacy Giving options. Reach out to us at conserve@mect.org or 978-890-7153 if you have questions or to discuss options.
Include MECT as a Beneficiary in Your Will
You can designate MECT as a beneficiary in your will. You can give gifts of cash, securities, land, real estate, and collectibles, to name a few. If you’re considering a donation of land that you wish to have protected, we kindly ask that you contact us ahead of time to discuss the feasibility. If you are considering donations outside of cash and securities, please contact us to discuss logistics and your designation intent.
Add MECT as a Beneficiary in your IRA, 401k, Life Insurance Policy or Donor Advised Fund
You can designate MECT as a beneficiary in one or more of these financial vehicles. Beneficiary designations are typically straightforward modifications on your brokerage or insurance company’s website or through a paper form. Donation amounts or percentages can be designated for each of your beneficiaries.
Financial Vehicles such as a Charitable Gift Annuity, Charitable Remainder Trust, or Charitable Lead Trust
These vehicles can provide income and/or tax benefits for you and your heirs. It is best to discuss these options with your professional advisor to determine if they will meet the financial and giving goals for you and your family.
Retained Life Estate
A Retained Life Estate allows you to transfer the deed of a primary or secondary home to a charity, yet maintain full use of the residence for your lifetime. You will receive immediate tax benefits for the donation. You are responsible for property taxes, insurance, and maintenance during your lifetime.
Bequest Designation Letters
With any of the above legacy gifts, you can specify to MECT how you would like their gift to be used. Creating these letters informs us about your Legacy Gifts. It allows us to discuss your wishes with you to make sure your intended designations fit within the scope, abilities, and mission of the organization. Bequest Designation Letters will be kept on file in our constituent database. The organization will do its utmost to honor the wishes specified in the designation letter. Designation Letters are an easy way to communicate your wishes, and the designations can be changed by you at any time.