YOUR GIFT MATTERS - You Can Make a Big Impact With a Future
Thank you for considering A Kitty's Purrsuit of Happiness in your estate planning. Your contributions will make us sustainable into the future so we can continue helping homeless cats and kittens. Gift Generosity comes in many forms, and it's often the best way for you to support important causes that matter the most in your life. When you give to A Kitty's Purrsuit of Happiness, you help us make a difference. We understand how satisfying it is to be part of a greater good.
Giving is not one-size-fits all at A Kitty's Purrsuit of Happiness (KPOH.org). There are a number of affordable and convenient ways for you to make an impact. The most important thing to know is that we will work with you to find a charitable plan that lets you provide for your family and support KPOH.org.
We encourage you to join with other members of our community to make a difference. Start here by learning the different gift options available to you. It's easy to get started today.
Giving is not one-size-fits all at A Kitty's Purrsuit of Happiness (KPOH.org). There are a number of affordable and convenient ways for you to make an impact. The most important thing to know is that we will work with you to find a charitable plan that lets you provide for your family and support KPOH.org.
We encourage you to join with other members of our community to make a difference. Start here by learning the different gift options available to you. It's easy to get started today.
Not Sure How to Begin Planning? Download a FREE Personal Estate Planning Kit
Download to save time, protect assets and care for loved ones. This comprehensive estate planning kit includes a helpful lesson book and an electronic record book:
Download the lesson book (PDF), which will walk you through essential lessons on creating an effective estate plan. Each lesson includes a multiple–choice quiz to test your knowledge of the information covered. |
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ESTATE BEQUEST
An Estate bequest can be in the form of a specified cash amount or as a percentage of your estate.
To make an estate bequest, you will need to fill out an Estate Bequest Designation and submit to KPOH.org along with a copy of your estate plan showing A Kitty's Purrsuit of Happiness as a recipient of an estate bequest. We recommend that you consult with your estate planner in regard to including A Kitty's Purrsuit of Happiness in your estate plan.
To make an estate bequest, you will need to fill out an Estate Bequest Designation and submit to KPOH.org along with a copy of your estate plan showing A Kitty's Purrsuit of Happiness as a recipient of an estate bequest. We recommend that you consult with your estate planner in regard to including A Kitty's Purrsuit of Happiness in your estate plan.
Start Today! View and download your FREE copy of: A Guide to Making Your Will.
An Example As To How It Works: When Bill & Jane got married and created a will, they included a $50,000 gift to A Kitty's Purrsuit of Happiness. As the family grew to include three children, Bill & Jane decided to revise their gift to ensure their children's future financial security. They met with their attorney and revised the gift language so that A Kitty's Purrsuit of Happiness received a percentage of their estate, instead of a specific amount. Bill & Jane now rest easy knowing their plans will provide for the people and charitable work they love.
BENEFICIARY DESIGNATIONS
Beneficiary Designations Are Easy and Flexible, Make a Gift in 3 Easy Steps!
Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using:
It only takes three, simple steps to make this type of gift. Here's how to name A Kitty's Purrsuit as a beneficiary:
You may specify a particular usage of your bequest to A Kitty's Purrsuit of Happiness or allow A Kitty's Purrsuit of Happiness to best utilize the funds upon receipt. Such will put to use immediately by A Kitty's Purrsuit of Happiness to make a difference in the lives of rescued special needs cats!
Retirement plan assets are a great way to support the work at A Kitty's Purrsuit of Happiness because they not only help support the mission, but they also can provide tax relief for your loved ones. Money in an employee retirement plan, IRA or tax-sheltered annuity has yet to be taxed. When a distribution is made from your retirement plan account to a beneficiary, that person will owe federal income tax.
Consider leaving your loved ones less heavily taxed assets and leaving your retirement plan assets to A Kitty's Purrsuit of Happiness to support our work. As a nonprofit organization, we are tax-exempt and will receive the full amount of what you designate to us from your plan. You can take advantage of this gift opportunity in the following ways:
Name us a beneficiary of your plan. This requires you to update your beneficiary designation form through your plan administrator. Here you can designate A Kitty's Purrsuit of Happiness as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your plan only if your primary beneficiary doesn't survive you.
Life Insurance Policy: When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to A Kitty's Purrsuit of Happiness:
Name us a beneficiary of the policy: This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.
Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.
Not everyone wants to commit to making a gift in their will or estate. Some prefer the increased flexibility that a beneficiary designation provides by using:
- IRAs and retirement plans
- Life insurance policies
- Commercial annuities
It only takes three, simple steps to make this type of gift. Here's how to name A Kitty's Purrsuit as a beneficiary:
- Contact your retirement plan administrator, insurance company, bank or financial institution for a change-of-beneficiary form.
- Decide what percentage (1 to 100) you would like us to receive and name us, along with the percentage you chose, on the beneficiary form.
- Return the completed form to your plan administrator, insurance company, bank or financial institution.
You may specify a particular usage of your bequest to A Kitty's Purrsuit of Happiness or allow A Kitty's Purrsuit of Happiness to best utilize the funds upon receipt. Such will put to use immediately by A Kitty's Purrsuit of Happiness to make a difference in the lives of rescued special needs cats!
Retirement plan assets are a great way to support the work at A Kitty's Purrsuit of Happiness because they not only help support the mission, but they also can provide tax relief for your loved ones. Money in an employee retirement plan, IRA or tax-sheltered annuity has yet to be taxed. When a distribution is made from your retirement plan account to a beneficiary, that person will owe federal income tax.
Consider leaving your loved ones less heavily taxed assets and leaving your retirement plan assets to A Kitty's Purrsuit of Happiness to support our work. As a nonprofit organization, we are tax-exempt and will receive the full amount of what you designate to us from your plan. You can take advantage of this gift opportunity in the following ways:
Name us a beneficiary of your plan. This requires you to update your beneficiary designation form through your plan administrator. Here you can designate A Kitty's Purrsuit of Happiness as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your plan only if your primary beneficiary doesn't survive you.
Life Insurance Policy: When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to A Kitty's Purrsuit of Happiness:
Name us a beneficiary of the policy: This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.
Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.
These are a few ways to support our important life-saving mission for special needs cats and kittens. If you do not find an option that suits your wishes or needs, don't hesitate to get in touch with us directly to see if a customized option may be developed for you. Our Tax ID# is 47-2566562.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
