Leave a Legacy Gift
Create your Legacy through Planned Giving. It’s easy! You will have the satisfaction of knowing that you are expanding your commitment to animals in need beyond your own lifetime. Such a gift to All About Animals Rescue will help ensure that we provide services to the neediest of animals and continue working towards a day that there are No More Homeless Pets!
Planned Giving Options
Will or Trust
Name All About Animals Rescue in your Will or Trust
Life Insurance or Annuity
Name All About Animals Rescue as a beneficiary
Retirement Accounts (IRA, 401k, pension)
Name All About Animals Rescue as a beneficiary
Appreciated Assets (stocks, shares of mutual funds, etc.)
Gift all or part of these to All About Animals Rescue
Bank Accounts (savings, checking, CD)
Name All About Animals Rescue as a beneficiary
We advise you to discuss options with your attorney or wealth manager to see which one is right for you.
All About Animals Rescue’s Legal Designation
All About Animals Rescue, a nonprofit charitable corporation organized under the laws of the State of Michigan, with the business address of 23451 Pinewood St., Warren, MI 48091
Tax ID
Our tax identification # is 20-3006686
Date of Incorporation
September 30, 2005. All About Animals Rescue is tax exempt under section 501(c)(3) of the Internal Revenue Code.
If you have provided for All About Animals Rescue in your estate plans, but have not previously notified All About Animals Rescue of your intentions, please contact us at clinic@allaboutanimalsrescue.org. Sharing your plans with us allows us to express our gratitude to you during your lifetime, ensures that your wishes will be met, and also assists All About Animals Rescue’s long-term planning efforts.
More About Making a Bequest Through Your Will
Your will guarantees that your assets are distributed according to your wishes to the people and causes most important to you.
Including a bequest to All About Animals Rescue in your will is very simple. When you make a will, or update your existing one, ask your solicitor to include a bequest to All About Animals Rescue.
The Benefits of a Bequest
- A bequest from a will or a trust distribution to All About Animals Rescue is fully deductible for federal estate tax purposes, and there is no limit on the deduction your estate can claim. In addition, the gift is usually exempt from state inheritance taxes. In a large estate, your savings can be more than the value of the bequest. You may establish an income-producing planned gift for the benefit of others through your will, thereby reducing your taxable estate. A bequest, whether outright or to fund a planned gift, can be a useful and advantageous addition to your estate plan.
- It is not payable until death and it does not affect your assets or cash flow during your lifetime.
- It is revocable – you can change the provisions in your will or trust at any time.
There are several types of bequests that allow you to designate how your estate will be distributed.
Bequests and Bequest Language
Specific Bequest:
You describe exactly what you want to leave to a specific individual or organization and the designated source. If you want to leave a specific dollar amount from a specific source or a particular item (such as an antique or collector’s item), this is the type of bequest that you would use.
“I give $______ (or describe the real or personal property) to All About Animals Rescue, a nonprofit corporation of the State of Michigan, headquartered in Warren, to be used for general purposes as determined by the Board of Directors.”
General Bequest:
This type of bequest does not specify the source from which it should be paid. This gives you executor the flexibility to honor the bequest from any available source.
“I _____ leave $_______ to All About Animals Rescue, a nonprofit corporation of the State of Michigan, headquartered in Warren, to be used for general purposes as determined by the Board of Directors.”
Residuary Bequest:
This type of bequest is honored after all other bequests have been made, and all debts, expenses, and taxes have been paid.
“I give to All About Animals Rescue, a nonprofit corporation of the State of Michigan, headquartered in Warren, all (or ___%) of the rest, residue and remainder of my estate, to be used for general purposes as determined by the Board of Directors.”
Contingent Bequest:
This type of bequest is fulfilled if certain conditions are met. For instance, if your primary beneficiary does not survive you, you can indicate your next choice through a contingent designation.
“I _____ give all the rest, residue and remainder of my real and personal estate to _____, if she/he survives me; if not, then 50 percent equal shares to ______ who survives me and 50 percent to All About Animals Rescue a nonprofit corporation of the State of Michigan, headquartered in Warren, to be used for general purposes as determined by the Board of Directors.”or “I give $___ to (name of beneficiary). If my (name of beneficiary) does not survive me, this bequest will lapse and pass to All About Animals Rescue, a nonprofit corporation of the State of Michigan, headquartered in Warren, to be used for general purposes as determined by the Board of Directors.”
