Many of the people who support the work of FixNation say that they derive great satisfaction from their generosity, but because they are on a fixed income they cannot afford to give more than they already are giving. There is a way for you to make a lasting investment in FixNation, and leave a legacy for humanity and the animals you care about, by including FixNation in your estate plan.
By leaving a gift for FixNation in your estate plan, you have the opportunity to ensure health and safety for generations of cats, and prevent millions of homeless cats from being born. Because of you, together we will someday realize, even if not within your lifetime, the day when there are no more homeless cats.
For those of you interested in considering a bequest directed to FixNation in your personal will or trust, we encourage you to consult with counsel and/or a financial planner expert in this area. If you would like more information to help you with this, or have already made a bequest to FixNation, please contact Karn Myers at karn@fixnation.org.
Supporting FixNation through Planned Giving
For many clients and friends of FixNation, a charitable bequest is the easiest and best way to make a lasting gift. By means of your will or other estate plan, you can name FixNation as the beneficiary of a portion of your estate, or of particular assets in your estate.
There are many reasons to make a bequest. A bequest allows you to honor a loved one, while providing critical support to FixNation. Giving by bequest costs nothing now, yet it may give you a great deal of satisfaction to know that your future gift will live on.
Furthermore, a bequest:
- Is easy to arrange
- Will not alter your current lifestyle in any way
- Can be easily modified to address your changing needs
Consider the following:
Residual Gift Language
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to FixNation, Inc., located in CA, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Specific Gift Language
Naming FixNation as a beneficiary of a specific amount from your estate is easy:
I give and devise to FixNation, Inc., located in CA, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).
Contingent Gift Language
FixNation or its affiliates can be named as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If (insert name) is not living at the time of my demise, I give and devise to FixNation, Inc., located in CA, the sum of $ _______ (or all or a percentage of the residue of my estate) to be used for its general support (or for the support of a specific fund or program).
Retirement Plan Beneficiary Language
You may name FixNation as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming FixNation as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming FixNation as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support FixNation free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change of beneficiary form from your plan administrator. When you are done, please return the form to your plan administrator and notify FixNation. We can also assist you with the proper language for your beneficiary designation to FixNation.