Yes, you can protect animals and give them a future by making a gift that costs you nothing now.
You can help create a more compassionate world simply by signing your name. There’s no need to write a check, you maintain control of your assets during your lifetime, and you can change your gift at any time and for any reason.
Making a gift in your will or trust is one of the easiest ways to create your legacy with PETA, making a gift of compassion for tomorrow.
Benefits of making a gift in your will or trust:
- No cost: It costs you nothing now to give this way.
- Flexible: You can alter your gift or change your mind at any time and for any reason.
- Lasting impact: Your gift will create your legacy of action now and for generations to come.
There are several simple ways to include a gift in your will:
- A specific bequest is a gift of a specific sum of money or an item of property. For example, “I give a sum of $25,000 to PETA,” or “I give my antique desk to my niece, Sarah.”
- Another common way of leaving a gift to charity while leaving the majority of assets to loved ones is a residuary bequest: “I give the balance of my estate (or some percentage of the remainder of my estate), after all other bequests are satisfied, to PETA.”
- A contingent bequest is a gift made on condition that a certain event occurs. This kind of bequest is often used to leave gifts to charity. For example, “I give $25,000 to my friend Christina if she survives me—or, if not, to PETA.”
Gifts by Beneficiary Designation are an easy way to give that costs you nothing now. Gifts by beneficiary designation are among the simplest ones to make. They don’t require a visit to a lawyer, they cost you nothing now, and you can change your beneficiaries at any time.
Simply request a change of beneficiary form from your plan administrator and add PETA as a full or partial beneficiary. You can often do this by logging in to your account online.
Be sure to designate our organization clearly: People for the Ethical Treatment of Animals, Inc. (PETA).
Include PETA’s tax identification number: 52-1218336.
We may not be notified by the financial services company that you have named PETA a beneficiary. To ensure your gift is directed to PETA as you intend, please let us know.
It’s easy to put your retirement funds, insurance plan, bank account, and brokerage accounts to use to create a better world by saving animals—and it costs nothing now.
By naming PETA as a beneficiary of these assets, you’ll be adding saving animals and providing them with higher-quality lives to your legacy.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes on retirement assets.
- Reduce or avoid probate fees.
- Enjoy no cost to you now.
- Create your legacy of animal protection with PETA.
Types of Gifts:
A Gift of Life Insurance
It’s not uncommon for people to have a life insurance policy that has outlasted its original purpose. If you do, you can use it (or a percentage of it) to reduce your taxes and create a gift to PETA that demonstrates your commitment to a better world for animals. Request a beneficiary designation form from your life insurance company and make PETA a full, partial, or contingent beneficiary. (You can also sign over a fully paid policy. You’ll be allowed a tax deduction for your generosity.)
A Gift of Retirement Funds
This option is becoming increasingly popular. Naming PETA as a beneficiary of your retirement plan can be an attractive option for creating a legacy while reducing income taxes—and possibly estate taxes—for your loved ones. Since PETA is a U.S. tax-exempt organization, naming us as a beneficiary means that 100 percent of your gift will go toward protecting animals for years to come.
A gift of funds remaining in your bank accounts, brokerage accounts or a certificate of deposit (CD)
This is one of the easiest ways to protect animals in the future. The next time you visit your bank, you can name PETA as the beneficiary of a checking or savings account, a CD, or a brokerage account. When you do, you’ll be helping to create a better world for all animals.
Donor-Advised Fund (DAF) residuals
What remains in a DAF is governed by the contract that you completed when you created it. When you establish a DAF, consider naming PETA as a “successor” of your account or a portion of your account value to create your legacy of action and compassion for animals.