How to Leave a Legacy for Your Pet and Others
Whatever your stage in life, your financial circumstances and your charitable goals, you can make a gift that benefits you, your loved ones (including companion animals,) and pet owners who want to give their pets the best veterinary care possible, but may be challenged financially to do so.
Your gift can last beyond your lifetime. It is a wonderful way to continue all you do for others, especially animals. Donations are not measured by the size of the gift, but by the gratitude from those pet parents who benefit from your thoughtfulness and generosity – those who care for and love companion animals.
If you are a pet owner, you should also think about what will happen to your pets if you predecease them. Who will care for t hem? Will there be the financial resources to continue the care you have lovingly provided during your life? These things should be decided the day you bring a new pet into your home – not when it is too late for your wishes to be known and carried out.
Because your financial security and wishes are personal, it is important to consult with your attorney, financial adviser and/or estate planner to be sure that the correct legal language is used to document your intentions. Numerous avenues are open to you for becoming a Pet Emergency Fund benefactor. You can choose to have your donation to our general fund to assist any animal in need or designate use by a particular hospital or type of service such as for cats only, dogs with broken bones, pets with cancer, or designation.
Some of these include:
Bequests: Specific gifts through your will or living trust
A bequest is one of the simplest ways to support the Pet Emergency Fund. These thoughtful gifts ensure that the PEF can continue our critical work to care for animals in need of health services.
Leave a specific dollar amount or a percentage of the assets in your will to the Pet Emergency Fund.
Gifts of Assets or Securities
Donate appreciated stocks, bonds or mutual finds – it is a quick and simple and may provide you with significant tax benefits.
Specific designation of the Pet Emergency Fund as a beneficiary.
Life Insurance Gifts
Name the Pet Emergency Fund as a beneficiary of your life insurance policy and save on estate taxes.
Retirement Plan Gifts
Name the Pet Emergency Fund as a beneficiary of your IRA, 401K and other qualified plan through this tax-efficient gift.
Annuities: Gifts That Pay You Back
Support the Pet Emergency Fund’s work without risking financial stability during your lifetime. This can be done through a charitable annuity, where you give a specific sum to the PEF and the PEF pays you an annual payment for the rest of your life.
Annuities Support the PEF while providing fixed income for life – for yourself or up to two beneficiaries. May also provide significant tax benefits.
Annuities Provide funds for the PEF while meeting your future financial needs. Defer your annuity payments and receive higher income payments – for yourself or up to two beneficiaries. Also may provide significant tax benefits.
If you are interested in donating to the Pet Emergency Fund in any of the above ways, you should contact your attorney, estate planner and/or financial adviser for further explanation of these donation methods. Should you decide to honor the Pet Emergency Fund as a designated recipient of your generosity, please let us know so that we can properly acknowledge your intentions.