Leave a Legacy

leave_a_legacy_pageIt’s never too early to plan ahead!  Any time is a wonderful time to consider a gift to the Connecticut Historical Society. When you leave a legacy it shows your commitment to the future of this organization and its mission.

Depending on your financial situation, you have many options to choose from.

If you’ve already included the CHS in your giving plans, thank you! We would be delighted to include you in our John Trumbull Society. Kindly let us know your plans by contacting the Membership and Development Office at (860) 236-5621 x227.

We also suggest you contact Leave a Legacy Connecticut to learn about wills and estate plans.

I want to leave a bequest to CHS in my will

Thank you for your interest in leaving a bequest to CHS. Our strong financial foundation has been built by the many people who have left bequests since the mid-19th century. To make your bequest, you can provide the following language to your attorney for inclusion in your will or trust:

A specific bequest might read as follows:
“I give the sum of _____ dollars ($     ) to the Connecticut Historical Society in Hartford, Connecticut to be used or disposed of for its general charitable purposes.”

A residuary bequest might read as follows:
“I give ________ percent of the residue of my estate to the Connecticut Historical Society in Hartford, Connecticut to be used or disposed of for its general charitable purposes.”

And, if you wish your bequest to be applied to a specific purpose, the following example might be helpful:
“I give the sum of ______ dollars or (_____ percent of the residual of my estate) to the Connecticut Historical Society in Hartford, Connecticut to be used for the following purpose: (to be stated by the donor.)”

I have already included the CHS in my will or trust. What should I do now?

When you decide to make a planned gift to the Connecticut Historical Society, you become a member of the John Trumbull Society, established by the Board of Trustees in 1993. John Trumbull, a member of the renowned literary “Hartford Wits” was one of the founders of CHS and its first president.
If you’ve already included the CHS in your giving plans, thank you! Kindly let us know your plans by contacting the Membership & Development Office at (860) 236-5621 x227 so that we can share with you all the benefits of membership in this legacy society.

I am interested in learning more about other charitable giving methods.

There are some tax-saving options when you include a charity in your planned giving. We suggest you meet with your financial planner to discuss options that may be best for you.

Your GiftYour GoalHow it WorksYour Benefits
Charitable Remainder Trust (CRT)
-Transfer your appreciated property without paying capital gains tax
-Enjoy regular income for life or a term of years
-Receive the benefit of tax savings from a charitable deduction
You transfer cash or property to fund a remainder trust that pays you for a period of time or for life. The remaining balance goes to the CHS as a gift.-Charitable tax deduction
-Income for life or a term of years
-Possible income growth over time
-Avoidance of capital gains tax
Charitable Lead Trust (CLT)-Give cash or property to your family in the future
-Avoid substantial gift or estate tax
You transfer your cash or property to fund a lead trust that makes a gift to CHS for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.-Gift or estate tax deduction
-Asset and appreciation passes to your family at a reduced cost
Life Estate Reserved
-Remain in your home for life
-Receive a charitable income tax deduction
You give your property to CHS but retain the right to use the property during your life.-Charitable tax deduction
-Lifetime use of property
Bargain Sale (selected artwork, books and antiques are examples of gifts or personal property)-Transfer your property and receive cash or debt relief without paying substantial taxesWe purchase your property for less than fair market value. You receive the cash and a charitable deduction for the difference between the market value and purchase price.-Cash from sale
-Charitable tax deduction
-Partial bypass of capital gain

The John Trumbull Society at the Connecticut Historical Society

When you decide to make a planned gift to the Connecticut Historical Society, you become a member of the John Trumbull Society, established by the Board of Trustees in 1993. John Trumbull, a member of the renowned literary “Hartford Wits” was one of the founders of CHS and its first president.
If you’ve already included the CHS in your giving plans, thank you! Kindly let us know your plans by contacting the Membership & Development Office at (860) 236-5621 x227 so that we can share with you all the benefits of membership in this legacy society.