Planned giving is an opportunity to make a final statement of support for what You hold dear in Your heart
What is planned giving? Planned giving is the process of donating planned gifts. A planned gift is a contribution that is arranged in the present and allocated at a future date. Commonly donated through a will or trust, planned gifts are most often granted once the donor has passed away.
Through planned giving, we have a powerful opportunity to ensure that our values we have held close are a part of the legacy we leave behind for future generations.
Planned giving does not have to be complicated—and it is not only reserved for those with great wealth. It can be as simple as adding a one line bequest to The Animal League in your will, such as “I bequeath the sum of $XX to South Lake Animal League, Inc., Tax ID 59-2949848.”
Join the Animal League’s Legacy Society
Each legacy gift is special and unique to the person gifting it. We will work with you to create a legacy gift that best fits your situation. A simple way to become a member of The Animal League Legacy Society is to remember us in your will or estate plans. Your generosity will help guarantee life to homeless animals for many years to come.
How to Include Us in Your Will
Naming The Animal League in your will is a simple and flexible way to leave a legacy of support and help abandoned and neglected pets even after you’re gone. It costs you nothing during your lifetime, but will help ensure the future of our organization for years to come.
Other Options for Planned Giving
Establish A Charitable Remainder Trust (CRT)
A charitable remainder trust (CRT) will pay you either a variable or fixed dollar amount—depending on whether you choose a unitrust or annuity trust, respectively—each year for the rest of your life from assets you place in a charitable remainder trust. After your lifetime, the balance in the trust would go to The Animal League. This would allow for an immediate partial income tax deduction.
Establish A Charitable Lead Trust (CLT)
A charitable lead trust (CLT) pays income to one or more charities, typically for a period of years, and then the remaining assets in the trust pass to noncharitable beneficiaries, such as family. Based on the circumstances, the type of property used and the intended beneficiaries, charitable lead trusts can have significant estate or gift tax benefits.
Donate or Designate A Paid Life Insurance Plan
Life Insurance that has been paid off and is no longer needed can make a wonderful gift to homeless pets and may provide you with a significant tax deduction. Or, you can make The Animal League the beneficiary of your life insurance policy instead.
Donate Real Estate
Real estate that is not providing you with needed income can make an excellent gift. A gift of a mortgage-free residence, farm or vacation home can allow you to take a charitable income tax deduction for the full market value, avoid the capital gains tax, and escape the expense and work of selling.
Donate Stocks and Securities
Stocks and securities are easy to give and offer greater tax benefits. Stocks can be transferred by your broker or you can send the stock certificate and a signed stock power for each certificate to The Animal League through the mail.
The Animal League’s Legacy Society is Comprised of Forward-Thinking Donors, Passionate About Animal Welfare
Contact us to plan your legacy gift. All inquiries are confidential and without obligation. We look forward to speaking with you.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice.
WE ARE A 501(C)3 NONPROFIT, CHARITABLE CORPORATION. OUR FEDERAL TAX ID IS 59-2949848. A COPY OF THE OFFICIAL REGISTRATION (#CH2848) AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE 1-800-435-7352 WITHIN THE STATE. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. THIS ORGANIZATION RETAINS 100% OF ALL CONTRIBUTIONS RECEIVED.