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~Planned Giving Through Your Estate~

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Gifts made through estate planning, or Planned Giving, represent the future of the Quincy Humane Society. Planned gifts help increase
our endowment and ensure continuation and expansion of the Humane Society's services and programs for generations to come.
To avoid legal challenges and guarantee the Quincy Humane Society receives your gift or bequest, please be sure to use the following
language for all planned gifts.
Quincy Humane Society
P.O. Box 3173
Quincy, IL 62305
Planned Giving vehicles include:
Wills
Trusts
Charitable Gift Annuities
Insurance Policies
Real Estate
Personal Property
Retirement Benefits
Endowments
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Bequest in Your Will
Your bequest to the Quincy Humane Society can be a:
- Specified amount of cash, an investment fund or piece of property
- Percentage of the entire estate or percentage of a specified investment
- Contingent designation taking effect only if your other beneficiaries fail to survive you
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Trusts
- Revocable Living Trust
Revocable Living Trusts are not subject to probate. They remain private and avoid public scrutiny. When you die, a trust will save time,
expense, publicity and frustration for those you love. Trusts also assure seamless administration of your assets at your death or in the event you become
incapacitated.
- Charitable Remainder Trusts
A Charitable Remainder Trust enables you to contribute to the Quincy Humane Society and receive guaranteed payments for life or a period of
years through a trust designed by you with the help of your lawyer. Payments may either be a fixed amount or a fixed percentage of the trust assets. A Charitable Remainder
Trust offers gift, estate and income tax benefits. Because you design this trust yourself, it is more versatile than a Charitable Gift Annuity.
- Charitable Lead Trusts
The reverse of a Charitable Remainder Trust, a Charitable Lead Trust will pay the Quincy Humane Society income during your life, someone
else's life, or for a fixed number of years. Your beneficiaries will receive the remainder. You will be able to design the trust to fit your particular needs. Charitable
Lead Trust assets are not taxable in your estate when you die, thereby providing valuable income, gift and estate tax benefits.
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Charitable Gift Annuities
You can contribute to the Quincy Humane Society of and receive guaranteed payments for the rest of your life or for the joint lives of you
and your spouse or another individual. You will receive an income tax deduction when you make the gift and valuable tax benefits each year. Quincy Humane Society
Charitable Gift Annuities are available for a minimum contribution of $10,000.
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Life Insurance
Benefits from life insurance owned by you at the time of your death will be included in your estate. If you designate the Quincy Humane
Society as the beneficiary, your estate will receive an estate tax deduction equal to the full amount of the insurance benefit. You can donate an existing policy and receive
a tax deduction for the current value now.
To avoid legal challenges and guarantee the Quincy Humane Society of receives your insurance benefit, please be sure to use the following
language for your beneficiary designation.
Quincy Humane Society
P.O. Box 3173
Quincy, IL 62305
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Real Estate
No gift of real property shall be accepted without first being appraised and examined for potential liability under environmental impact laws.
The Quincy Humane Society reserves the right to reject any gifts of real property.
Bequests
Real Estate may be donated to the Quincy Humane Society by providing specifically for it in your will. Real Estate donated to the Quincy Humane
Society upon your death escapes estate taxation.
Retained Life Interests
You can donate your home or farm to the Quincy Humane Society while you are living, receive a tax deduction and retain the right to live in or
use the property for the rest of your life.
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Personal Property
You may provide for the bequest of personal property such as jewelry, collectibles or vehicles to the Quincy Humane Society in your estate
plans. Special rules apply when making planned gifts of personal property, so please be sure to consult your attorney as well as the Quincy Humane Society before making such
provisions.
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Retirement Benefits
Assets in your 401(k), pension, IRA or other retirement plan will be subject to estate and income taxes when you die. They may also be
subject to generation-skipping taxes. This double, or triple, taxation means your beneficiaries could potentially receive less than 20% of your retirement assets! If you
name the Quincy Humane Society as the beneficiary, there will be no taxes.
To avoid legal challenges and guarantee the Quincy Humane Society receives your retirement benefits, please be sure to use the following
language for your beneficiary designation.
Quincy Humane Society
P.O. Box 3173
Quincy, IL 62305
For more information about estate planning contact
Quincy Humane Endowment
1701 North 36th St.
Quincy, IL 62305
(217) 223-8786
or submit a request online.
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