Adirondack Community Trust (ACT)

General Information

LEAVE A LEGACY


For the past few years a small group of generous people have been planning for gifts today that will provide significant benefits to Adirondack nonprofits and communities in the future through funds at the Adirondack Community Trust.

Our communities are already the beneficiary of hundreds of gifts entrusted to ACT by generous people. Sometimes such gifts go unrecognized because they come at the end of the donor's life. We have wanted to find a way to recognize these thoughtful people during their lifetime. To meet that need, we are creating The Adirondack Legacy Society, a program that enables us to acknowledge this generosity and learn more about the philanthropic interests of these donors.

We will honor these special donors, by listing them as members of our Adirondack Legacy Society in our printed materials and invite them to attend periodic events. There are, however, some individuals who for various reasons prefer to remain anonymous. We will respect that preference and in no way betray that confidence.

ACT Legacy Brochure

How do I join the Adirondack Legacy Society?


Arrange your estate to leave a gift to ACT.
Common ways to do this are:

1.  Bequest through your will
2.  IRA/401K designation
3.  Transfer ownership of Life Insurance policy
4.  Charitable Trusts  (life income arrangements)
    i.      Charitable Remainder Trust
    ii.      Charitable Lead Trust
    iii.      Charitable Gift Annuity 

    
Estate Note/Deferred Pledge Agreement
  (available from ACT office)

Note:  We recommend that you discuss these options with your family and with your attorney, accountant, insurance agent or financial planner as may be appropriate. You may also contact ACT's office to discuss the various ways to leave your legacy through the Adirondack Community Trust.

For detailed information about leaving a bequest, contact the Adirondack Community Trust office.

If a donor is planning to create a fund by bequest, ACT suggests that the donor execute a "fund agreement."  The fund agreement is a simple document spelling out how the potential gift will be used, such as supporting a favorite cause, or creating an advised fund with the donor's children as advisors.  The fund agreement may be opened without making a contribution, and does not obligate the donor in any way.  The donor, of course, may change his or her will at any time.