Legacy of Compassion

By including Mercy For Animals in your estate plans, you can memorialize a lifetime of compassion for animals.

Eternal Empathy

What if your dedication to animal protection lived on long after you left this world? With proper planning, it can. By including Mercy For Animals in your will or living trusttrust established during your lifetime, you can help build a kinder future for animals for decades or even centuries after your passing.

Wills

By including Mercy For Animals in your will, you can guarantee that your voice for animals will carry on.

You can give by naming Mercy For Animals beneficiary of:

  • Specified dollar amount or estate property
  • Specified percentage of your estate
  • Specified percentage of your residuary estate (i.e., the portion of your estate that remains after all other bequests have been filled and expenses paid)

You can also name Mercy For Animals a contingent beneficiary in the event one or more of your bequests cannot be fulfilled.

Your attorneylawyer may wish to use the following language when making a bequest to Mercy For Animals:

"I give, devise, and bequeath to Mercy For Animals, Inc., a nonprofit organization with federal tax identification number 54-2076145, located at 8033 Sunset Blvd., Ste. 864, Los Angeles, CA 90046, the sum of $                  (or describe the real or personal property or portion of the estate) to be used for its general purposes." (or describe the real or personal property or portion of the estate) to be used for its general purposes."

Please consult your attorneylawyer or professional adviser to ensure that your plans are in compliance with all applicable laws.

Living Trusts

In addition to your will, you may have established a living trust. This document creates a trust for your benefit to hold your assets during your lifetime.

A living trust allows you to update or change the terms of the trust at any time. Upon your death, the trustee will distribute the trust assets to whomever you have named beneficiaries. This distribution operates much like your will distribution. In both cases, your estate may receive a charitable deduction for the amount of the charitable gifts.

You can give to Mercy For Animals by leaving a trust distribution of:

  • Specified dollar amount of your trust property
  • Specified percentage of your trust property
  • Specified percentage of the remainder of your trust (i.e., the portion of your trust that remains after all other distributions have been made and expenses paid)

Your attorneylawyer may wish to use the following language when making a bequest to Mercy For Animals:

"My Trustee shall distribute to Mercy For Animals, Inc., a nonprofit organization with federal tax identification number 54-2076145, located at 8033 Sunset Blvd., Ste. 864, Los Angeles, CA 90046, the sum of $                  (or describe the real or personal property or portion of the estate) to be used for its general purposes." (or describe the real or personal property or percentage of the trust) to be used for its general purposes."

Please consult your attorneylawyer or professional adviser to ensure that your plans are in compliance with all applicable laws.

Charitable Trusts

Charitable Remainder Annuity Trust

You can establish an irrevocable trust by placing cash, securities, or other property into the trust for eventual distribution to Mercy For Animals. You (the grantor) or other beneficiaries named by you receive fixed annual payments from the trust for life or for a specified period. Mercy For Animals receives the remaining principal once the trust terminates.

By establishing a charitable trust, you can avoid paying any capital gains tax on the donated assets, and you will receive an immediate income tax deduction for the fair market value of the remainder interest that will eventually be distributed to Mercy For Animals. In addition, the assets placed into the trust are removed from your estate, reducing subsequent estate taxes.

Charitable Lead Trusts

You as a donor can establish an irrevocable trust by placing appreciated securities or other appreciating assets into the trust. The trust then provides annual payments to Mercy For Animals for a specified period. Upon termination of the trust, the remaining assets are distributed to you, your family members, or other beneficiaries.

There are many ways to establish a charitable lead trust, and the income and estate tax consequences and benefits vary depending on factors such as type of trust, term of trust, and amount distributed to charity.

Your legal and tax advisers should thoroughly review these options to determine the best planned giving method for you and ensure that your plans are in compliance with all applicable laws.

Legacy Society Members


Learn why so many compassionate people are choosing to remember Mercy For Animals in their estate plans.

Questions?

If you need guidance in naming Mercy For Animals a beneficiary of your will or living trust, we are here to help. Rachel Koretz, our development manager, will gladly walk you through the process.

  310.210.2182310.210.2182
  RachelKo@MercyForAnimals.orgRachelKo@MercyForAnimals.org