Harpswell is home. People who have lived here for generations love Harpswell as do folks who have moved here more recently. The natural beauty of its forests and bays and the caring quality of its citizens make Harpswell home for a lifetime.
As we age in our homes, we all want to be able to have delicious and healthy food, a safe and warm environment, a caring community of friends, as well as the ability to interact with others and travel to visit friends and doctors. One way to make sure that can happen for us and those coming after us is through a gift to Harpswell Aging at Home’s Legacy Fund. Your participation ensures that Harpswell Aging at Home will be able to continue providing the same important services for future generations.
Gifts Within Your Lifetime
Cash Gifts may be treated as charitable deductions for tax purposes in the year the gift is made. Larger gifts can be deducted over several years. HAH is a 501(c)(3) charitable organization.
Gifts of Appreciated Securities can yield an enhanced tax benefit to donors. The full market value of the securities on the date of the gift may be used for income tax purposes. Such gifts may allow the donor to avoid capital gains taxes that would result from a sale on the open market. HAH has a stock gift account with Bath Savings Trust Company (BSTC), Bath, ME. If you are interested in giving shares of stock, please contact HAH prior to initiating any transfer. HAH will ask a representative from BSTC to provide you or your investment advisor/broker with the appropriate DTC delivery instructions to transfer shares.
Charitable Gift Annuities can provide an immediate tax deduction and an income stream for life for the donor, with the residual amount benefiting HAH.
Gifts From Your Estate
Cash and Securities may be made to HAH through properly constructed wills.
If a donor names HAH as both owner and beneficiary on a Life Insurance Policy, the premiums are tax deductible as charitable contributions and HAH will receive the full value of the policy upon the donor’s death.
Designating HAH as the Beneficiary of an IRA, Keogh or Other Qualified Retirement Plan may avoid both estate taxes and income taxes.
Please remember: When creating a new will, changing your will or making direct gifts of assets to HAH, you are advised to consult an attorney, estate planner and/or your financial advisor. HAH is not equipped to provide donors with professional advice in these matters.
For more information, please contact Lili Ott or Anne Taft at [email protected]