How do I get started with planning an estate
gift for animals?
estate planning starts with a good attorney.
Developing a plan will ensure that your wish
to make a difference for animals is met. A
plan will also allow your family to avoid
the delay, dissension and needless expense
that often occurs when a loved one passes
away without a will.
Q: Can an "average"
person leave a legacy?
Bequests are one of the simplest forms of
planned giving and are a way to perpetuate
your lifetime commitment to animals. With
a bequest, you can make a gift that you may
not have afforded in cash during your lifetime.
Most people leave an estate when they die,
even though they may not have a great deal
of wealth. It's a wonderful way to make a
Is it important to designate specific instructions
in my will?
A: To ensure
that your wishes are met, you should state
your intentions in your will. Without a will,
one loses control over belongings after death.
Property and finances are settled according
to the state's decisions, despite the family's
Q: Are there advantages
for my heirs and me by making a bequest? If
so, what are they?
Tax deductions are a real benefit.* Your attorney
can guide you in selecting an estate gift
that will maximize your tax benefits and may
even be able to provide you with income during
your lifetime. You will also be eligible for
membership in the Ozaukee Campus'
Legacy Club where you will enjoy great
Q: Can funds from
a retirement plan or IRA be part of a bequest?
and the number of estates containing IRAs
and retirement plan assets is growing. They
are an attractive source of charitable bequests
because the Ozaukee Campus can receive the funds with no
tax liability and therefore can apply 100%
of those assets to help animals. By contrast,
family members who inherit IRAs and retirement
plan assets must pay income tax on them. By
the time taxes are paid, some family members
can receive as little as 15% of the retirement
Q: Is it possible
to make a gift for a specified purpose?
The Wisconsin Humane Society Ozaukee Campus puts every gift
to work for animals, but if you have a fondness
for a particular program such as adoption,
care, we would be delighted to apply your
gift to a specific purpose! We'd be happy
to discuss your special wishes.
Should I tell the Ozaukee Campus about my estate plans?
It is helpful to the Ozaukee Campus staff to be able to plan
for the future of our lifesaving programs.
If you have included the Ozaukee Campus in your estate plans,
please let us know! We'd love to be able to
thank you during your lifetime.
you have ANY questions at all, please don't
hesitate to email
us or call our Development Office at (414)
*No part of
this information is intended as legal advice.
Please consult with competent tax and legal
professionals to determine the best giving
strategies for your situation.