Each of us wishes to leave a legacy that says our life had real meaning, that we left the world somewhat different and better that what we found it.
Planned gifts are a crucial source of future funding that enables the Emergency Animal Rescue to continue saving animals. To remember animals in such an enduring way is quite possibly the most powerful gift that a person can make.
U.S. tax laws are structured to encourage charitable giving, and unlimited amounts can generally be left for charitable purposes free of estate and gift taxes.
Your estate plan represents your beliefs, your life, and a way to continue your compassion into the future. There is no more valuable way to do this than to care for the earth’s most innocent and needful creatures ---the animals.
We strongly suggest that you consult with your attorney or other independent professional advisor to ensure that your plans are in compliance with all applicable laws.
Have your money go twice as far by getting a match from your company! You can help the Emergency Animal Rescue by finding out if your company has a Corporate Giving Program or Foundation.
The annual United Way campaign offers some great ways for you to support the Emergency Animal Rescue. One of the easier is to arrange for your United Way contribution to come directly to the Emergency Animal Rescue through a direct designation. All you need to do is write in the name of Emergency Animal Rescue on the form and how much you’d like to give out of each paycheck. If you give just $10.00 (the cost of two Starbucks coffees!) out of each bi-weekly paycheck, you will be able to give a total of $240.00 a year!
Qualified retirement plans such as Individual Retirement Accounts (IRAs), 401 (k) plans, 403 (b) plans, and Keogh plans have become increasingly popular way to save money for retirement. Typically these plans offer tax savings at the same time the funds are contributed and then the funds build tax-deferred until they are withdrawn. Many people choose to designate their loved ones as beneficiaries of retirement plan assets. However, by doing so, your loved ones may only see a small fraction of the gift. This is because your retirement assets may be subject to several types of taxes, including federal and possibly state estate taxes, as well as income taxes, which could conceivably consume 70% or more of the value of retirement assets left to your loved ones. You can avoid this heavy taxation by making Emergency Animal Rescue a beneficiary of your retirement plan assets and using other less-taxed assets to provide for your loved ones. Naming Emergency Animal Rescue as the beneficiary of a retirement account means that Emergency Animal Rescue will receive 100 percent of your retirement plan proceeds free of all taxes. Although the proceeds will be included in your gross estate, they will be completely deductible as a charitable gift. And because Emergency Animal Rescue is exempt from income taxes, there will be no income-tax liability. The procedure for naming Emergency Animal Rescue as a beneficiary of your retirement plan is quite simple. The administrator of your plan can provide you with a beneficiary change form, which typically requests the following information: • Full name; Emergency Animal Rescue • Permanent mailing address; P.O. Box 2462, Ramona, California 92065 • Federal tax identification number; 33-0570713 • Your relationship to the beneficiary: Charity
BEQUESTS IN WILLS AND LIVING TRUSTS
A bequest in your will or living trust is an uncomplicated way to help protect animals. A bequest may take several forms. It can be a specific sum, a percentage of your estate, or the remainder of your estate after expenses and gifts to loved ones. Bequests can include cash, securities, real estate, houses, and personal property such as valuable collections of art or jewelry. Living trusts are a popular choice because the terms of a living trust, unlike a will, can be put into effect immediately upon your death, bypassing probate and keeping the terms private.
Life Insurance can be made an easy and flexible way to make an important gift to Emergency Animal Rescue. Whether it is an old policy that has outlived its original purpose (such as for a spouse who no longer needs it, a child who is financially independent, or to protect a business that no longer exists) or a new policy purchased specifically to benefit Emergency Animal Rescue, a gift of life insurance can allow you to leave a much larger gift to animals than may have been possible during your lifetime. You can name Emergency Animal Rescue as the sole, partial, or contingent beneficiary.
GIFTS OF REAL ESTATE
Giving real estate is a way to further our work and at the same time provide you with substantial tax benefits. A gift of a house, farm, vacation home, office building, undeveloped land or other marketable property is a great way to help the animals. You may select a way to give that best suits your needs. Of course there are substantial tax benefits no matter how you choose to give real estate.
GIFTS OF STOCK
Gifts of stock can provide much needed support for Emergency Animal Rescue to rescue all animals both, domestic and wildlife, from life threatening situations and offer you financial benefits as well.
Publicly traded securities (stocks, bonds etc.) may be transferred to the Emergency Animal Rescue, entitling you toan income tax deduction for the full market value of the securities.
With a gift of securities to the Emergency Animal Rescue, you avoid any capitol gains taxes you might be liable for if you sell the stock. Private company stock may also be transferred to the Emergency Animal Rescue.
This information is meant to offer you accurate information in a readable form. It is not meant to be professional tax or legal advise. Please contact your attorney or independent professional advisor.
All preceeds raised through donations go to help the animals. There are no salaried employees, no administration fees and no professional fundraisers to pay.
Without the support of generous people like you, we could not continue helping the animals.
CONTRIBUTIONS CAN BE SENT BY MAIL TO:
EMERGENCY ANIMAL RESCUE
P.O. BOX 2462
RAMONA, CALIFORNIA 92065
Or online at our website; www.emergencyanimalrescue.org and click the PayPal button.