Bequests are the most popular form of planned gift and can be as simple as including one or two sentences in your Will. There are two types of Bequests – Specific Bequests and Residual Bequests. A Bequest to Animal Rescue, Inc. will allow you to achieve a 100% charitable estate tax deduction.
Specific Bequests
Through a Specific Bequest, you can designate all of your estate, a specific dollar amount, a set percentage or specific property to Animal Rescue, Inc. Here are some examples of Specific Bequests:
Example #1:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, all of my estate, including real and personal property, to be used for its general purposes.”
Example #2:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, the sum of $_______ (________________ Dollars) to be used for its general purposes.”
Example #3:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, ____ percent (___%) of my estate to be used for its general purposes.”
Example #4:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, [insert description of property or stock] to be used for its general purposes.”
Residual Bequests
Through a Residual Bequest, once all debts, expenses and Specific Bequests are paid from your estate, the remaining amount would be transferred to Animal Rescue, Inc. Here are some examples of Residual Bequests:
Example #1:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, all of the rest, residue and remainder of my estate, including real and personal property, to be used for its general purposes.”
Example #2:
“I give, devise and bequeath to Animal Rescue, Inc., located at 2 Heritage Farm Drive, New Freedom, PA 17349, ____ percent (___%) of the rest, residue and remainder of my estate, including real and personal property, to be used for its general purposes.”
Should you desire, Animal Rescue, Inc. can be listed as the recipient of one or more Specific Bequests, in addition to being named in a Residual Bequest to receive the “rest, residue and remainder” of your estate.
To learn more about leaving a Bequest to Animal Rescue, Inc. in your Will, as well as other planned giving options, please call 717-993-3232.
The animals thank you!
Animal Rescue, Inc.
Tax ID No. 23-2180310
Please Leave a Legacy of Life for Homeless Animals By Remembering Animal Rescue, Inc. in Your Will and Other Estate Plans.