Surviving Pet Care

Safe Haven

Safe HavenNorth Shore Animal League America encourages everyone to consider "Who will care for my pet(s) if something should happen to me?" We suggest that in planning for your family's future, your will or trust should include arrangements for your companion animals. Of course family and friends who are available to provide a new, responsible, loving home for your animals are a wonderful option and resources can be provided in pet trusts or bequests for those willing to become new caregivers.

For our supporters who do not have another option, Animal League America's Safe Haven Surviving Pet Care Program may be an alternative. While space is limited, we take great pride in being able to care for your canine and feline family members should the need arise.

Our mission to rescue, nurture, adopt and educate takes on many forms around the nation and we are the largest no-kill adoption organization in the world. As you can imagine, it takes significant resources to care for the thousands of animals that we rescue annually. Therefore, we ask that in exchange for lifetime care for your pet, you make a significant gift to help fund the care of your animals as well as the countless other homeless animals in our care. If you are interested in learning more about this program, please contact Debbie Hibbard, Director of Planned Giving, North Shore Animal League America. 516-812-7218 or debbieh@animalleague.org.

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A charitable bequest is one or two sentences in your will or living trust that leave to North Shore Animal League America a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

I give to North Shore Animal League America, Inc., Federal I.D. No. 11-1666852, 16 Lewyt Street, Port Washington, NY 11050, (the sum of $______) (all or ___ % of the residue of my estate/trust), to be used for its general purposes.

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Animal League America or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Animal League America as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Animal League America as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Animal League America where you agree to make a gift to Animal League America and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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