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Planned Giving/Planning Your Estate:
Strategies for Giving

How to make a gift

It's easy. To make a gift to Kat Snips, you simply include a provision in your will specifying the type of gift and/or amount you would like to give. Your gift can consist of almost anything - money, bank accounts, securities, antiques, works of art or real estate.

Although the provision can be a short paragraph, the language necessary to accomplish your wishes is extremely important and should be prepared by your attorney.

Most people commonly underestimate the value of what they own. They may not believe that they have an estate. However, if you own anything at all, you have an estate. This includes cash, real estate, all personal property, investments, retirement plan assets, life insurance and other forms of assets. A well-drafted will allows you to ensure that the assets that you have accumulated over your lifetime are distributed according to your wishes. Remembering Kat Snips in your will enables us to continue helping the animals you love.

Bequests

You can name Kat Snips as a beneficiary by creating a new will, adding a codicil to your present will or including Kat Snips in your revocable trust.

You can name Kat Snips as either a direct beneficiary of a set amount of money, a specific asset (e.g. 100 shares of stock) or a percentage of your estate. A legacy to Kat Snips may take different forms, including:
  • an outright bequest of cash or securities
  • a beneficiary designation on a life insurance policy, a bank account, or retirement account
  • a beneficiary of a living trust or a testamentary trust
  • an individual may designate that a bequest be used for the Kat Snips' general purposes or to support a specific program.

The following is a suggested form for such a bequest:
I give and bequeath to Kat Snips,
a 501(c)(3) corporation,
Tax I.D. #80-0523388,
P.O. Box 909 Saline, MI 48176,
in the sum of ___, to be used for the accomplishment of its general purposes (or for a specific purpose, as indicated).
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