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leave a legacy

Making a "planned gift" to Misty Eyes is a meaningful way to carry forward your compassion and concern for animals, and a wonderful way to say thank you to every animal who has touched your life. It is one of the most effective ways to ensure that our work continues  and companion animals are sheltered, cared for and treated humanely.


What is a planned gift?


Planned giving involves making arrangements now to have Misty Eyes and the animals benefit from some of your assets, either currently or in the future. Through this type of giving, individuals can often make a more significant gift than they 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 transferring long-term appreciated stock to Misty Eyes directly (rather than selling it and donating the after-tax proceeds) or naming Misty Eyes as a beneficiary in your will or life insurance policy.


There are many ways to make your planned gift:


Bequests


Perhaps the most straightforward option is to make a bequest in your will. Whether you have vast assets or have only a few possessions, a will prevents legal complications and delays. It directs your personal representative to deal with your estate as you wish.


Another important aspect of a will is that it allows you to provide for the animals you care about after your death. Whether this means your own animals or those at Misty Eyes your will can continue a legacy of kindness.


If you decide to support Misty Eyes through your will, you can:


Direct a specific bequest of money or an asset (i.e. stock, a house) to us.

Designate a percentage of the total value of the estate.

Designate a residual bequest which directs that we receive the remainder of the estate, or a portion of the remainder, after all expenses and other bequests have been made.


Naming Misty Eyes as a beneficiary


If you have a life insurance policy that is no longer needed to provide for dependants, consider naming Misty Eyes 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 us a full or partial beneficiary.

Name Misty Eyes as a beneficiary of a Certificate of Deposit (CD).


These plans can be excellent choices for charitable gifting because they are taxed more heavily than other assets-sometimes greater than 50 percent. However, by making Misty Eyes the beneficiary, the full value of the account will pass to Misty Eyes to be used to benefit the animals.


Remainder Interest in Personal Residence


You can give your personal residence to Misty Eyes while specifying that you (and/or another person) be permitted to continue using the property for life. This can result in a sizable tax deduction, depending upon the age(s) of the person(s) in question.


These are just some of the options of planned giving. Before deciding on what type of gift you might make to Misty Eyes, please consult with your attorney. Tax laws change and an independent estate planning professional should always review your individual situation.


Misty Eyes is recognized as a 501(c)(3) non-profit. Our tax ID number is 45-3575986.


For more information on any of these planned giving options, or to let us know if you have already included Misty Eyes in your estate plans, please contact our Director of Finance at Bea@MistyEyes.org. All inquiries will be kept strictly confidential, and imply no obligation to make a gift.


Nothing on this website should be construed as legal advice. Please contact your attorney or financial advisor to determine what is best for your personal situation.