A simple, flexible and versatile way to sustain the mission of the Lakes Area Music Festival for generations to come is a gift in your will or living trust, known as a bequest.

In as little as one sentence you can include LAMF into your will. As your financial situation and families priorities change over time, adjustments can be made easily, with LAMF as the beneficiary of a percentage of your estate or a set amount.

Retirement plans and life insurance policies are a couple of ways to designate LAMF, separate from your will, and remain flexible over time to review and adjust anytime you wish.

Because LAMF is tax-exempt, the entirety of your gift will help support our mission; this is advantageous because it eliminates federal income  taxes which may be applicable for your dependents.

When supporting the Lakes Area Music Festival you shouldn’t feel like you are choosing between your philanthropic goals and financial security. You can support our work while receiving fixed payments for life by establishing a charitable gift annuity. This provides you with regular payments of disposable income while also supporting our work, and also provides important tax benefits when you itemize. After your lifetime, the remainder will support the ongoing programs of LAMF.

In a charitable remainder trust, an irrevocable gift of cash or assets such as real estate is made to a tax-exempt trust. You get back a stream of payments for life. One of the main benefits of these trusts is that you can donate assets whose value has grown significantly while avoiding the tax on the long-term capital gain on contributed appreciated property.