Lead future generations and preserve America’s story by including Tudor Place in your estate plans. Contact Executive Director Mark Hudson for additional information via email or phone at 202-965-1644.
Bequests provide a gift to Tudor Place through your will. If you already have a will, simply instruct your attorney to prepare a codicil to your current will or living trust.
By designating Tudor Place as your charitable organization of choice in a trust, you also create regular income for you and your beneficiaries. A charitable trust allows you to leave some or all of your estate through:
- A Charitable Remainder Trust (CRT) is a trust that provides you, the donor, with income for life or specific period of time and thereafter distributes the remaining assets to Tudor Place. A CRT distribution often qualifies as a charitable income tax deduction and may decrease capital gains tax.
- A Charitable Lead Trust provides income to Tudor Place for a period of years, at its conclusion, the trust property typically passes to an heir.
Consult your financial advisor for current guidelines on federal estate tax deductions and capital gains taxes on gifts of appreciated value.
Stock owned for more than one year, can be donated to Tudor Place. You, the donor, may qualify for a deduction equal to the fair market value of the stock at the time it is transferred and Tudor Place is not liable for capital gains tax on the appreciated value of the stock.
You designate Tudor Place as the beneficiary of your IRA, 401(k), or other qualified retirement plan, in whole or in parts.