Planned Giving

There are many ways to ensure that your support for the animals will continue into the future. By making a gift of appreciated stocks, establishing a charitable gift annuity, leaving a bequest to the animals in your will, or naming the Lakes Region Humane Society as a beneficiary of your life insurance, trust, or estate – you can truly make a difference and help to ensure LRHS will be here for future pets in need.

Required Minimum Distribution for IRA

IRA account owners who are required to take minimum distributions from their IRA accounts may find tax advantages in donating their IRA withdrawals to charity. Transferring an IRA distribution to a charity may allow retirees to avoid paying income tax on the amount withdrawn, and these qualified charitable distributions can be used to satisfy IRA required minimum distributions. In certain circumstances, qualifying distributions may be made by individuals age 70 1/2 and older in amounts of up to $100,000 per year. Please check with your tax advisor to ensure that this is a good option before proceeding with any tax favored giving strategies.

Planned Gifts

Planned Gifts are specially designed to help you meet your own financial and family obligations while supporting the mission of the Lakes Region Humane Soceity. These gifts have the potential to give you special income and/or tax advantages. A planned gift can play a valuable role in strengthening your long-term financial plans while enabling you to leave a lasting legacy.

Bequests can help LRHS in a number of ways – from providing medical care and nourishment to the animals, to funding community outreach and humane education initiatives.

Beneficiary on Account

Beneficiary on Account is another way you can support the LRHS. An easy way to make a gift is to designate Lakes Region Humane Society as a beneficiary on a bank account or IRA. These are called Transfer on Death or Payable on Death forms for bank accounts. By establishing a beneficiary, the accounts are also removed from probate.

Life Insurance Policies

If you have life insurance policies that you bought years ago for reasons that no longer apply, consider donating their value to LRHS.

Benefits include:

  • Cost of a gift of life insurance is small compared to the leveraged benefit of the face amount of the policy.
  • The cash value of your policy may qualify for an immediate income tax charitable deduction.
  • You will have the potential to make a significant and lasting impact to a program of your choosing.

Charitable Bequests

Charitable Bequests allow you to make a gift to the shelter in one of three different ways: specific bequest, percentage bequest, and residuary bequest. You can choose to make the gift unrestricted, restricted, in honor or memory of, or as an endowed gift.

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