Remembering Kinhaven in your estate planning supports our important work and ensures that Kinhaven’s immersive spirit and authentic community continues into the future. We are deeply grateful for your consideration.
There are many ways that a legacy gift can support Kinhaven. Through your generosity, you can ensure that Kinhaven’s mission, developing people through music by offering joyous and rigorous musical development in a non-competitive, collaborative, and natural environment, continues in perpetuity.
The following are some of the ways you might choose to support Kinhaven through your estate planning. Each person’s estate planning considerations are unique, so we encourage you to consult with your legal and financial advisors.
For more information about any of the following planned giving opportunities, please call Tony Mazzocchi, Co-Executive Director, at (973) 378-5854 or email the Kinhaven Administrative Office at admin@kinhaven.org
Gift from a Will, Trust or Residuary Estate. The simplest and most common way to include Kinhaven in estate planning is by making a charitable provision in your will or trust.
This kind of charitable bequest can take several forms. It can be a designated dollar amount, or a percentage of the estate, or “the residual” – that is, the amount remaining in the estate after all other obligations and payments have been made.
If you are interested in leaving a gift to the Kinhaven in your will or trust, please make sure to speak with your attorney. We encourage you to provide your attorney with this sample language:
“I hereby give and bequeath __________________ (dollar amount, or percentage of my estate, or residual of my estate after other bequests) to Kinhaven Music School, Inc., 354 Lawrence Hill Road, Weston, VT 05161 (Administrative Office address: 6 Elberta Road, Maplewood, NJ 07040), for its general purposes.”
Gift from a Retirement Plan or IRA. You can designate Kinhaven as a beneficiary of one or more of your retirement investment funds or IRA accounts. Many donors find this the most tax-advantaged asset to leave to charity, because, while your heirs would be liable for deferred income tax upon inheriting traditional retirement funds, charitable organizations like Kinhaven would not need to pay any income tax.
Gift of Life Insurance. Many donors find it simple to name Kinhaven the beneficiary of a fully-paid life-insurance policy you and your family no longer need.
Distribution from a Charitable Remainder Trust. You may be contemplating establishing a Charitable Remainder Trust, where you will receive income for life, and then the funds in the trust are distributed to charitable organizations. Please consider including Kinhaven as a charitable beneficiary!
Donate the principal of your Donor Advised Fund. If you have a donor-advised fund (DAF), consider contacting your DAF sponsor and instructing that any funds remaining in your donor-advised fund be distributed to Kinhaven and other charitable organizations.
Gift from a Bank or Brokerage Account. It is possible to designate Kinhaven the beneficiary of bank accounts and certain investment accounts as the “payable on death” (POD) beneficiary.
If you choose to support Kinhaven through your estate planning, please feel free to notify us of your intent by contacting Tony Mazzocchi, Co-Executive Director at admin@kinhaven.org . Kinhaven is a 501(c)(3) nonprofit charitable organization, Federal Tax ID 03-0214324.