Wondering what “legacy giving” is? First of all, it’s a wonderful way to support the things you care about most, not just now, but also after you’re gone. But it’s true definition is allocating money in your estate plan or will for a charity. For many people, it’s an important part of their estate planning, and is a great example of how they have vision for their philanthropic beliefs. Including charitable gifts in your estate planning is also another way to eliminate significant taxes payable when you pass.
You may not have thought much about estate planning, or even how you can use your estate planning to create a bequest for a charity. But by creating a legacy gift for All For Animals, you are providing vital funding for school and library literacy programs for kids, therapy dog training, equipment purchases, and administration that keeps All For Animals running smoothly.
There are many ways to give, and a professional in estate or financial planning can help you choose which type of legacy gift is best for you:
- Wills and bequests
- Life insurance
- RRSPs and RRIFs
- Charitable trusts
December is a good time to think about charitable giving to maximize tax credits. Discuss your options with your CPA or accountant before making any decisions about donations or legacy gifts.
At All For Animals, every penny counts. During every school and library program, we see how kids’ lives and reading levels are positively affected by our therapy dogs. Your support makes it possible for Santa Barbara County children from all walks of life to become better readers through our popular ARF! literacy program.
If you have any questions about legacy giving or donations to All For Animals and the ARF! programs, please don’t hesitate to call us. Karen Stevens, Executive Director, would be happy to discuss ways that your contribution can help All For Animals now, and in perpetuity. Call (805) 682-3160 or email–we’ll be happy to help!
And to all, have a happy “howl-iday” season! And a safe and prosperous 2017!