Estate Planning
For every badly abused or neglected dog we save, there are thousands more in need. You can make a difference by including Stray from the Heart in your estate plan. Doing so is one of the best ways to help us advance our mission. Name Stray from the Heart as a beneficiary in one (or more) of these charitable giving options:
• Your last will and testament
• Life insurance policy
• Retirement plan
• Gifts of stock
• Gifts of real property
• Charitable remainder trust
By including Stray from the Heart in your will or other estate plan, you will be helping and protecting homeless dogs long into the future while benefiting from a tax charitable deduction. For help on how to name Stray from the Heart as a beneficiary in your will or estate documents, email us at info@strayfromtheheart.org
Gifts of Stock
Giving a gift of publicly traded stock, which has increased in value and you have owned for more than a year, may result in greater tax benefits than giving cash to a charity. Why? Because you may be able to claim a charitable tax deduction, plus avoid a capital gains tax on its value.
Charitable Remainder Trust
A Charitable Remainder Trust is an irrevocable, tax-exempt trust that generates an income stream for you or your beneficiaries with the remainder of the donated assets eventually going to the charity of your choice. The trust can be funded with bonds, stocks, mutual funds and real estate.
Gifts of Real Property
You may deed part or all of your real property to Stray from the Heart and deduct its fair market value as a charitable contribution. You may also transfer ownership of your home or other real property, but keep the right to use and have control of it for rest of your life; this is known as a retained life estate. Giving a life estate allows you to claim an immediate tax deduction.
What to Do Next
By naming Stray from the Heart as a beneficiary in your estate plan, the full value of your gift is transferred tax-free upon your death and your estate receives an estate tax charitable deduction. To get started, please consult with your lawyer and financial adviser.
You can also email Toni at info.strayfromtheheart@gmail.com for assistance or a referral.
