Name TLC as a Beneficiary

Naming Triangle Land Conservancy as a beneficiary is simple and has lasting effects. You can name us as a beneficiary of a retirement plan, insurance policy or financial account. After your lifetime the asset will come to us without going through probate and your estate is entitled to a charitable deduction for the amount of the gift.

At Triangle Land Conservancy, all unrestricted charitable gifts are used strategically to support our top conservation priorities.

If you have a more specific purpose in mind, please contact TLC to ensure that we can meet your wishes.
Please contact:
Tracy Joseph, Director of Development
PH:  919-833-3662 ext. 115
Email: tracy@tlc-nc.org 

Whether you choose to restrict your gift or not, your support will help save the places you love for future generations to enjoy.

How to Name TLC as a Beneficiary
Legal designation information for beneficiary forms.

Three Ways to Name TLC as a Beneficiary

Retirement Plans
Your retirement plan is designed to benefit you during your retirement. However, you may name beneficiaries for your plan in case you pass away with funds still in your account. Along with family, relatives and friends, a charity may also be named as the beneficiary.
Example: Carl began participating in his company’s retirement plan when he first started working. At the time, he named his sister as his beneficiary. Since then, he has named his sister as the beneficiary of other assets in his estate. Having been a member of TLC for years, he makes us the beneficiary of his retirement plan instead. His gift will ultimately be used to help save the places he loves in this region.

Insurance Policies
Triangle Land Conservancy accepts gifts of life insurance either as the Beneficiary of a Policy or as the Sole Owner and Sole Beneficiary. Either way, we can use these gifts to help us save the places you love in our region.

Beneficiary of a Policy
You can name TLC as primary beneficiary of your life insurance policy or as contingent beneficiary should your other beneficiaries not survive you. After your lifetime, the benefits from your policy pass to us free of federal estate tax.
Example: Years ago, Howard bought a life insurance policy to protect his family. His family no longer needs this protection and he decides to name TLC as the beneficiary of the policy. After Howard's lifetime, the policy benefits will come to us to further our mission of saving precious open space in our region.

Sole Owner and Sole Beneficiary
Also described as making an outright gift of a paid-up insurance policy. You can donate your paid-up life insurance policy to TLC. If the policy has a cash value, we would have the option of either holding the policy until the maturity date or surrendering the policy in order to receive the policy's current cash value.
Example: Judith bought a life insurance policy years ago that she now wants to donate to TLC. Since she gave the policy to us, Judith can claim an income tax charitable deduction. The total amount of the policy is removed from her estate, and we will use the gift to further our mission of saving precious open space in our region.

Changing Beneficiaries
Changing your beneficiaries is easy. Simply contact your insurance carrier and request a beneficiary form. Click on the link above to learn how to name TLC as your beneficiary.

Bank, Brokerage and Other Accounts
Another way you can include Triangle Land Conservancy in your estate plan is by naming us as the beneficiary of an account, such as a bank or brokerage account, or an asset, such as a certificate of deposit (CD). All you need to do is fill out a beneficiary-designation form (often called a transfer-on-death or pay-on-death form) provided by the institution. After your lifetime, the asset passes directly to TLC enabling us to continue our work saving precious open space in our region for future generations.

Example: John and Mary recently decided to purchase a certificate of deposit (CD) at their local bank. They already completed their estate plan, and have designated all of their other assets to family members. When they set up the CD, they decide to leave it to TLC. This way, their estate can claim a charitable deduction for the value of the CD and they ultimately help support our conservation efforts.

{Information provided on our website is not intended to be tax or legal advice. Please consult a qualified financial advisor before making a gift.}

{Financial information about this organization and a copy of its license are available from the State Solicitation Licensing Section at 1-888-830-4989. The license is not an endorsement by the State.}