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Support The Morton Arboretum with a gift in your will, trust, or other estate plans.

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Gifts from Retirement Plans at Death

Retirement-plan benefits often make an excellent choice for funding a testamentary charitable gift to the Arboretum. Not only will such a gift escape federal income tax, but it will also avoid any potential federal estate tax. This combination of income taxes and estate taxes could result in a tax hit of more than 62% of the retirement-plan benefits.

If, for example, you have designated your children to be the beneficiaries of $100,000 of your retirement-plan benefits, and your estate is subject to federal estate taxes, your children could lose $40,000 to federal estate taxes and as much as an additional $22,200 to federal income taxes for a total reduction in benefits of $62,200. If, however, you designate the Arboretum as the beneficiary of that $100,000, the full amount will pass to us with no reduction in benefits.

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Contact Us

Jessica Anderson
Major and Planned Giving Officer
(630) 725-2146
legacygiving@mortonarb.org

 

The Morton Arboretum
4100 Illinois Route 53
Lisle, IL 60532

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