MN Lakes Association Home

Deer Lake Association
A member of the Minnesota Lakes Association

 

Create a Legacy at Deer Lake!

 

 

The Deer Lake Legacy Investment Fund was initially funded by generous Deer Lake benefactors when purchasing Bear Island, but helps fund 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.  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 remembering Deer Lake in 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 gift without writing a check.        

 

Ideas for how to Create a Legacy at Deer Lake:

 

·       Through your will or estate plan:

o   List the DLA as a beneficiary in your will or estate plan.  Our address is DLA Legacy Investment Fund, Deer Lake Assn, 36264 Christmas Point Trl, Grand Rapids, MN 55744

o   List the DLA as a beneficiary on your IRA or other qualified retirement plan

o   List the DLA as a beneficiary on your life insurance policy or change ownership of an existing policy to the DLA

o   Make a charitable contribution through a split-interest gift

§  Charitable Gift Annuity

§  Charitable Remainder Trust

§  Charitable Remainder Annuity 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.