Leave a Legacy for Pets in Need

You can make a lasting impact on the future of animal welfare by including Planned PEThood in your estate plans. Legacy giving allows you to continue supporting our mission to help pets in need for generations to come. By making a non-profit donation through your will, trust, or other financial assets like retirement accounts and life insurance, you ensure that we can provide affordable spay and neuter services, rescue programs, and essential care for years to come.

There are many ways to create your memorial gift:

• Designate a specific dollar amount or percentage of your estate to Planned PEThood in your will.
• Name Planned PEThood as a beneficiary of your IRA, 401(k), or life insurance policy to avoid probate and make an immediate impact.
• Make a tax-deductible donation of stocks, bonds, or mutual funds to help maximize your charitable giving while reducing your taxes.

Legacy gifts leave a lasting mark and provide critical funding for the continued care and rescue of animals in need. Contact your financial advisor to explore options or reach out to our team for guidance on how to make a donation in honor of your love for pets. Call Marci Reynolds, Planned PEThood’s Director of Development at 678-561-3491 or email mreynolds@pethoodga.org.

Will or Trust

Gifts made through wills are among the most significant sources of support for Planned PEThood. Unrestricted gifts allow us the greatest flexibility in using funds where they are most needed to continue our mission of rescuing and caring for animals.

You can include Planned PEThood in your will by designating:

• A specific dollar amount
• A percentage of your residual estate (the remainder of your assets after other bequests and expenses are fulfilled
• A particular asset, such as stocks, bonds, or other marketable property

How to Name Planned PEThood in Your Will

• Legal Name: Planned PEThood of Georgia
• Address: 2860 Buford Highway, Bldg F, Suite 2, Duluth, GA 30096
• Federal Tax ID: 90-0516757

Here is sample language you may consider:

“I give and bequeath to Planned PEThood of Georgia, 2860 Buford Highway, Bldg F, Suite 2, Duluth, GA 30096, the sum of ______ Dollars ($_____) to be used for its general charitable purposes.”

OR

“I give and bequeath to Planned PEThood of Georgia, 2860 Buford Highway, Bldg F, Suite 2, Duluth, GA 30096, ______ % of the rest, residue, and remainder of my estate to be used for its general charitable purposes.”

If you are looking for an estate planning attorney you can email Laura Barron of Georgia Legacy Law Group to set up a free 15-minute session. Laura serves on Planned PEThood of GA’s advisory board.

Retirement/Life Insurance

You can name Planned PEThood of Georgia as a beneficiary on your retirement account or life insurance policy for an easy and impactful way to support our mission without altering your will or trust. Beneficiary designations ensure that your gift passes directly to Planned PEThood of Georgia without going through probate, which allows us to put your donation to immediate use in our animal rescue and care efforts.

Retirement Accounts

Many supporters may choose to name Planned PEThood of Georgia as a beneficiary of their IRA, 401(k), 403(b), or other retirement plans. Because inherited retirement assets are often subject to income tax, they are among the most efficient assets to leave to charity.

How to Name Planned PEThood as a Beneficiary on Your Retirement Accounts

Ask your retirement plan administrator or financial institution for a beneficiary designation form. Here’s how to list us as a beneficiary:

Legal Name: Planned PEThood of Georgia

Address: 2860 Buford Highway, Bldg F, Suite 2, Duluth, GA 30096

Federal Tax ID: 90-0516757

Bank and Investment Accounts & Commercial Annuities

You may leave a legacy by naming Planned PEThood of Georgia as a Transfer-on-Death (“TOD”) or Payable-on-Death (“POD”) beneficiary on a bank or investment account, or on a commercial annuity. Contact your financial institution to see if this option is available.

Life Insurance Policies

If you have a life insurance policy that your family no longer needs, you can designate Planned PEThood of Georgia as your beneficiary as a simple and effective way to support our work.

IRA Rollover

If you’re 70 and a half or older, you have the option to donate up to $105,000 per year directly from your Individual Retirement Account (IRA) to charitable organizations like Planned PEThood.

Qualified Charitable Deductions (“QCDs”), sometimes referred to as IRA charitable rollovers or IRA donations, provide a beneficial way to support our work in animal rescue. These contributions can be excluded from your taxable income and may also satisfy your required minimum distribution (“RMD”) for the year, maximizing the impact of your generosity.

How do QCDs/IRA Charitable Rollovers Work?

Here is an overview of the key rules for QCDs:

Eligibility: You must be at least 70 and a half years old at the time of the donation to qualify.

Annual Cap: You’re allowed to donate up to $105,000 from your IRA within a calendar year to one or more eligible charities. The donation must be completed by December 31.

Direct Transfer Requirement: The funds must be transferred directly from your IRA administrator to the charity, or you can write a check from your IRA checkbook. If you withdraw the funds and then donate them, the donation will not qualify as a QCD.

Advantages of a QCD Donation

QCDs can be applied to your required minimum distribution (“RMD”) for the year. If you are required to take an RMD but don’t need the funds, QCDs offer a meaningful way to fulfill this requirement while supporting a cause you believe in. Plus, by donating up to $105,000, you can avoid having the distribution included in your gross income.

QCD Restrictions to Consider

Per IRS guidelines, QCDs cannot be directed to a donor-advised fund (“DAF”). However, you can direct a QCD to a qualified 501(c)(3) organization, such as Planned PEThood, as long as it’s intended for general support or specific programs outside of DAF.

For more details on QCDs and DAFs, please reach out to a financial advisor or charitable sponsor.

Steps to Make an IRA Qualified Charitable Distribution

To make a donation from your IRA, follow these steps:

• Contact your IRA Administrator: Provide instructions for transferring funds directly to the charity you choose.
• Include Your Details: Ask your IRA administrator to include your full name and mailing address with the gift, and ensure it’s marked as an IRA Qualified Charitable Distribution.

If you plan to make a QCD donation to Planned PEThood of Georgia, your financial institution should issue the check payable to “Planned PEThood of Georgia” and identify you as the donor.

Checks can be mailed to our address:
Planned PEThood of Georgia
2860 Buford Highway
Bldg F, Suite 2
Duluth, GA 30096

For more details, please contact a financial advisor or CPA.