Leaving a Lasting Legacy for Maine’s Most Enchanting Playhouse!

Legacy gifts give a donor the opportunity to make a substantial charitable donation, while providing a stable funding source for Deertrees Theatre. You have many options to choose from; some of which might enhance your immediate financial security and/or that of your loved ones.

Bequests

A bequest is a gift made through your will that directs the estate’s personal representative or trustee to make a gift from your assets to Deertrees Theatre after you die. Bequests may be used to provide gifts of money, stocks, real estate, or other property such as art or jewelry.

Endowment Legacies

Endowments are named gifts that are invested in perpetuity. The annual interest income from an endowment then supports specific programs and needs at Deertrees Theatre. Endowments are established through outright gifts, a will, insurance or retirement policies, trusts and other planned gifts.

Charitable Remainder Trusts

Charitable remainder trusts allow you to transfer assets into an irrevocable trust that will provide you and or your beneficiaries with fixed percentage payments for life, or for a set period of time. Upon termination of the trust, the remaining assets are distributed to Deertrees Theatre to be used for the purpose specified by the donor.

Charitable Annuity Trust

With a charitable annuity trust, the donor transfers assets to Deertrees Theatre in exchange for a guaranteed, fixed annuity payment to them or another beneficiary for life. Upon the death of the donor, Deertrees Theatre receives the full amount of the initial gift to use as specified in the agreement.

Life Insurance

The gift of a life insurance policy can be a great way to combine charitable objectives with tax advantages to the donor. This is possible because donors may receive an income tax deduction by naming Deertrees Theatre as a partial beneficiary or owner of a life insurance policy.

Real Estate

Real Estate may be given outright, used to fund a charitable reminder trust, or given as a life estate (see below).

Life Estate Agreements: In a life estate agreement, the donor transfers the title of his or her real property to Deertrees Theatre. In return, the donor reserves the right to use the property throughout the donor’s lifetime. Upon the death of the donor, the property becomes an asset of Deertrees Theatre.

PLANNING LEGACY GIFTS

By planning legacy gifts, you may be able to increase income from investment assets, while receiving the satisfaction of making a very meaningful gift to a cause you care about. To discuss more about these options, or make a planned gift to Deertrees Theatre, please contact our Treasurer Trish Murrin