Legacy Giving

At the Hoosier Valley Railroad Museum, we are dedicated to preserving the rich history and heritage of railroads in the region. By choosing to support us through legacy giving, you can make a lasting impact that extends far beyond your lifetime, ensuring that future generations can enjoy and learn from this vital part of American history.

Legacy giving, often referred to as planned giving or bequests, involves providing a future gift to the museum through your financial or estate plans. This type of donation is a meaningful way to support the museum’s mission while accommodating your own personal, financial, estate-planning, and philanthropic goals.

Types of Legacy Gifts

• Bequests: Include HVRM in your will or living trust. A bequest can be a specific amount, a percentage of your estate, or what remains after other bequests are made.
• Retirement Plan Assets: Designate HVRM as a beneficiary of your retirement account. This can be a tax-efficient way to make a gift.
• Life Insurance Policies: Name HVRM as a beneficiary of a new or existing life insurance policy.
• Real Estate or Other Assets: Gifts of property, stocks, or other assets can also be a part of your legacy plan.

Benefits of Legacy Giving

• Tax Advantages: Many types of legacy gifts offer significant tax savings, especially with regard to income, capital gains, and estate taxes.
• Flexibility: You can modify your gift if your circumstances change.
• Honoring Your Memory: Your gift ensures that your passion for railroading and history is remembered and acknowledged.

How to Get Started

Consult with your financial advisor to explore the best options for your situation. We are here to help you through the process and answer any questions you may have. Your legacy gift to the Hoosier Valley Railroad Museum is more than a donation; it's a powerful statement about your values and your lasting commitment to preserving our railroading heritage. Together, we can ensure that this important piece of history continues to educate and inspire for generations to come.