Providing for Perry’s Place through charitable bequest
For many friends of Heaven on Earth, a charitable bequest is the easiest and best way to make a lasting gift. By means of your will or other estate plan, you can name Heaven on Earth Society for Animals as the beneficiary of a portion of your estate, or of particular assets in your estate.
There are many reasons to make a bequest. A bequest allows you to honor a loved one, while providing critical support to Heaven on Earth. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on.
Furthermore, a bequest:
Is easy to arrange.
Will not alter your current lifestyle in any way.
Can be easily modified to address your changing needs.
Specific Gift Language
Naming Heaven on Earth as a beneficiary of a specific amount from your estate is easy:
I give and devise to Heaven on Earth, Inc., located in CA, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).
Residual Gift Language
A residual bequest comes to us after estate expenses and specific bequests are paid:
I give and devise to Heaven on Earth, Inc., located in CA, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Contingent Gift Language
Heaven on Earth can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to Heaven on Earth, Inc., located in CA, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (orfor the support of a specific fund or program).
Retirement Plan Beneficiary Language
You may name Heaven on Earth as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming Heaven on Earth as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Heaven on Earth as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support Heaven on Earth free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change of beneficiary form from your plan administrator. When you are done, please return the form to your plan administrator and notify Heaven on Earth.