Leave a Legacy
Laps and Naps Home for Senior Cats’ Planned Giving Program enables our supporters to leave a legacy of kindness to our senior cats. Through Planned Giving, you can often make a more significant gift than you ever thought possible, while maximizing the financial and tax benefits to you, your estate and your family.
A planned gift can be as simple as naming Laps and Naps Home for Senior Cats Inc. as a beneficiary in your will or life insurance policy, or transferring stock or bonds directly to Laps and Naps.
GIVING OPPORTUNITIES
Make a bequest to Laps and Naps Home for Senior Cats Inc. in your will. Charitable bequests can be a specific sum, a percentage of your estate, or the remainder of your estate after expenses and other gifts.
Name Laps and Naps Home for Senior Cats Inc. as a beneficiary:
- If you have a life insurance policy that is no longer needed to provide for dependents, consider naming Laps and Naps Home for Senior Cats Inc. as the beneficiary.
- Some assets, such as IRAs and other qualified retirement plans, do not pass directly through your will and require you to name a beneficiary. Consider making Laps and Naps a full or partial beneficiary.
- Name Laps and Naps Home for Senior Cats Inc. as beneficiary of a Certificate of Deposit (CD).
Appreciated Securities and Residential Property Donations are alternatives to a cash gift.
What will become of your beloved cat(s) after you are no longer able to care for them? Our Cat Companion Legacy Program ensures that your cat(s) will be well cared for should you leave this world before them or have to move to a facility that will not accept them.
QUALIFIED CHARITABLE DISTRIBUTION (QCD) DONATIONS
The Consolidated Appropriations Act of 2016 made permanent qualified charitable distributions (QCDs) from individual retirement accounts. The Qualified Charitable Distribution (QCD) Law allows IRA owners who are at least 70 1/2 years old to give IRA funds directly to a charity without having to include them in income. A QCD permits annual direct transfers to a qualified charity totaling up to $100,000 of tax-deferred IRA savings.
This is not intended as tax advice. You should consult with your own tax advisor about how this may apply to your personal circumstances.
NONPROFIT STATUS
Laps and Naps Home for Senior Cats Inc. is a nonprofit 501(c)(3) organization as determined by the U.S. Department of Treasury and the Internal Revenue Service. EIN Tax ID number: 84-4463872