Retirement Assets

 

A gift of your retirement assets, such as a gift from your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a planned gift to Advocates 4 Animals. If you are like most people, you probably will not use all of your retirement assets during your lifetime. Why not allocate the remainder to philanthropic giving, and help us save the animals who need us most?

Typically, retirement plan balances are subject to both income and estate taxes. Because Advocates 4 Animals is a nonprofit organization, we won't pay income tax on the distribution nor will the gift be subject to estate tax.

 

Your retirement assets may be transferred to Advocates 4 Animals by completing a beneficiary designation form provided by your plan custodian. If you designate Advocates 4 Animals as a beneficiary, the animals will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate can also benefit from an estate tax charitable deduction for the gift.

 

Grey Cat

 

Tax ID# 26-4515842

Bequest Language: "I give to Advocates 4 Animals Feline Rescue & Rehabilitation, Inc., an Ohio nonprofit organization with its principal offices at 2727 East Kearney Ln., Xenia, Oh 45385, (the sum of $ ___ ) (all or ___ percent of my residual estate) to be used for its general purposes."