The following types of deferred gifts can honor your philanthropic intentions while achieving your financial and tax planning goals. CARE is honored by your trust and pledges to continue our commitment to the animals of Central Arkansas.
WillsMake a lasting legacy to the needy dogs and cats of Central Arkansas by making a bequest to CARE for Animals in your will. Bequests may be made in several different ways:
as a specific dollar amount
as a stated percentage of your estate
as a specific piece of property (stocks, real estate, etc)
through a residuary clause of the will
When making a request in a will, the following wording is suggested:
"I give and bequeath to CARE for Animals, a not-for-profit corporation with its principal offices presently located at 5516 Kavanaugh, Little Rock, Arkansas, 72207, the sum of $___ to be used for the accomplishment of its general purposes (or for a specified purpose, as indicated).
Revocable (Living) TrustsGive yourself the peace of mind of knowing your charitable contributions will continue after your lifetime when you name CARE for Animals as a beneficiary of your living trust.
Revocable, or living, trusts are gaining in popularity as people recognize their many benefits:
Reduces probate costs
Trust assets are distributed quickly and confidentially since a living trust is not subject to the probate process
Allows you to maintain control
Provides tax savings
Speak to your attorney to find out more about living trusts.
Gifts of Retirement PlansBe assured that your intentions to support the animals of Central Arkansas come to fruition by naming CARE for Animals as the beneficiary of your pension, 401(k), IRA, or other retirement plan.
Your heirs may benefit by your thoughtful planning, as well. Since contributions to many plans are not taxed until they are distributed, your heirs may have to shoulder the tax burden. By naming CARE for Animals as the beneficiary of your retirement plan, 100% of the balance will work towards your charitable vision.
Speak to your attorney, tax professional, or investment professional for more information.
Gifts of Stock, Property, or Real EstatePut your appreciated assets to work in a tax-friendly manner!
Donating an asset that has appreciated over the years, such as stock or real estate, may allow you to avoid a portion of your tax liability while still receiving a charitable contribution deduction on your taxes for full market value-- ensuring 100% goes to work for the animals of Central Arkansas.
Speak with your tax professional for more details.
Other giving options include:
Gifts of Life Insurance
Charitable Remainder Trusts
Charitable Gift Annuities
Charitable Lead Trusts
The information on this site is not intended as legal, tax, or investment advice for such advice, please consult an attorney, tax professional, or investment professional.