A Gift in Your Will – Planned Gifts
A gift in your will or living trust extends your protection of at risk senior pets —and often allows you to make an even bigger impact than you ever thought possible. Whether you give a set amount or a percentage of your estate, you can have an extraordinary, positive impact on our senior pets who are at risk for abandonment or unnecessary euthanization.
Some planned gifts can help you lower your taxable income now. By planning ahead now, you can leave a lasting legacy in the future. Here are some ways to plan for the future.
Bequest:
- A specific bequest of money or property naming the Elderly Pet Organization as a beneficiary
- Residual bequest of the remainder of the estate after specific bequests
- Contingent bequest in which the gift occurs if the original beneficiaries die before the donor
Planned Gifts
- Charitable remainder trust
- Charitable Gift annuity
- Charitable Lead Trust
- Life Tenancy Agreement
Life Insurance
- You can name the Elderly Pet Organization as the beneficiary of a new life insurance policy, which is revocable by the donor
- The Elderly Pet Organization can be named as the owner and beneficiary of a new life insurance policy, which is irrevocable
- An existing life insurance policy can be changed to include the Elderly Pet Organization as a beneficiary or to transfer ownership of the policy to the Elderly Pet Organization
Qualified retirement plan
- The Elderly Pet Organization can be named as the beneficiary of a tax-deferred retirement plan, including IRA, 401(k), 403(b) Keogh, etc
Donate Appreciated Securities Stocks, Bonds Etc.
If you’re looking for a tax-smart way to meet the needs of both people and senior animals, consider a gift of appreciated securities. When you give appreciated stock, mutual funds, or bonds that you’ve owned for more than one year, you can avoid capital gains tax and receive a charitable income tax deduction when you itemize.
Donor Advised Funds
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to the Elderly Pet Organization and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
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