Ways to Leave Your Legacy
We are pleased that you have an interest in learning about the many ways you can leave a legacy at the Annapolis Maritime Museum & Park. If you are interested in making a charitable gift through your estate, let us know. Please be sure to meet with your attorney to discuss and update your will.
We hope you’ll tell us when you name the Annapolis Maritime Museum in your will, as we would like the opportunity to thank you for your generosity. If you prefer to remain anonymous, your gift will be kept completely confidential. Whatever the case, we are most grateful for your intent. Please click the attached Charitable Donor Intent Form.
If you have questions about a bequest or donation, contact Kelly Swartout at firstname.lastname@example.org or 410-295-0104 ext. 18.
“The relentless dedication and hard work of board members, staff, volunteers, and community, mixed with enthusiasm and creativity, is the true force that continues to propel AMM forward. It is essential that future generations have the Annapolis Maritime Museum & Park as a strong and vibrant resource that connects us to our past and helps shape our community’s future that is why I am leaving a legacy at AMM.”
~ Carol B. Sisco, PhD
Deciding to leave the Annapolis Maritime Museum as a gift in your estate plans is easy. You can make a simple designation in your will and it will not affect your cash flow during your lifetime. It’s easy to revoke if your situation changes.
Benefits of a bequest
- Continue to use and control your assets during your lifetime
- Leave a lasting legacy through a bequest to support our work after you are gone
How a gift and bequest works
With the help of an attorney, you can include language in your will or trust specifying a gift to be made to the Annapolis Maritime Museum as part of your estate plan.
Click here to see the sample language.
The sample language attached includes how a bequest can be accomplished and is intended to be used for educational purposes rather than as legal advice. We encourage donors to share this information with their legal counsel.
A beneficiary designation gift is a simple and affordable way to make a gift to support the Annapolis Maritime Museum. You can designate us as a beneficiary of a retirement, investment or bank account, or your life insurance policy.
Benefits of a beneficiary designation gift
- Support the causes that you care about
- Continue to use your account as long as you need to
- Simplify your planning and avoid expensive legal fees
- Reduce the burden of taxes on your family
- Receive an estate tax charitable deduction
How a beneficiary designation gift works
- To make your gift, contact the person who helps you with your specific account, such as your broker, banker or insurance agent.
- Ask them to send you a new beneficiary designation form.
- Complete the form, sign it and mail it back to your broker, banker or agent.
- When you pass away, your account or insurance policy will be paid or transferred to the Annapolis Maritime Museum, consistent with the beneficiary designation.
If you have already designated us as a beneficiary of an asset or as part of your estate plan, please let us know. We would like to recognize and acknowledge your gift.
Donating appreciated real estate, such as a home, vacation property, or commercial property can make a great gift to the Annapolis Maritime Museum.
Benefits of gifts of real estate
- Avoid paying capital gains tax on the sale of the real estate
- Receive a charitable income tax deduction based on the value of the gift
- Leave a lasting legacy to the Annapolis Maritime Museum
How to make a gift of real estate
Your real property may be given to the Annapolis Maritime Museum by executing or signing a deed transferring ownership. You may deed part or all of your real property to the Annapolis Maritime Museum. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.
We encourage you to consult your financial advisor and/or attorney.