Deer Lake Association
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Create a Legacy at Deer Lake!
The Deer Lake Legacy Investment Fund provides ongoing support to clean water and other DLA initiatives now and into the future. Up to 5% of Legacy Investment funds can be spent annually on Deer Lake as recommended by the DLEAP Committee and approved the DLA Board of Directors. For example, right now DLA Legacy Investments help fund May – October inspections at the Deer Lake public access.
We’d like to grow the DLA Legacy Investment Fund to help us provide for clean water and other DLA mission-critical initiatives now and into the future. Please consider creating a Deer Lake Legacy by arranging for a planned gift through your will or estate plan, or by making an immediate gift to the Deer Lake Legacy Investment Fund. There are numerous ways to make a Legacy gift without writing a check.
Ideas for how to Create a Legacy at Deer Lake:
· Through your will or estate plan:
o List the Deer Lake Association of Itasca County (DLA) as a beneficiary in your will or estate plan. Our address is DLA Deer Lake Legacy Investment Fund, c/o Marc Fuller, DLA Treasurer, 4145 Washburn Ave So, Minneapolis, MN. 55410.
o List DLA as a beneficiary on your IRA or other qualified retirement plan
o List DLA as a beneficiary on your life insurance policy or change ownership of an existing policy to DLA
o Make a charitable contribution through a split-interest gift
§ Charitable Gift Annuity
§ Charitable Remainder Trust
§ Charitable Lead Trust
· By donating now to the DLA Legacy Investment Fund:
o Appreciated stock or real-estate
o Painting, artwork, jewelry, collectibles, vehicles, boats, or other personal property of value
o From your IRA through a charitable IRA rollover
o Gift of Subchapter S stock
Here is a description of these options and a library of examples for your consideration. https://goo.gl/nzJgkY
Good Tax and Legal Advice is Essential
The information presented here is not intended to be legal or tax advice. We encourage you to seek the counsel of a financial planner, attorney, and/or tax advisor. He/she can help you determine the best method for you to create a legacy.