Beneficiary Designations allow you to name Animals’ Angels as a beneficiary of an IRA, 401(k), qualified retirement plan, life insurance policy, or other financial instruments. These gifts are put into place by filling out a simple form and don’t require the assistance of an attorney.
If you are like most people, you probably won't use all your retirement assets during your lifetime and the balance can greatly benefit Animals’ Angels. You may also name Animals’ Angels as the beneficiary of a life insurance policy through your employer or through your personal policy.
Beneficiary Designation Forms
Simply obtain a beneficiary designation form from your IRA plan administrator, financial institution or insurer. Often these are available on the applicable company's website or through your company's human resources department.
Like a bequest, your gift remains revocable and is made only when you no longer need the assets. The following information is generally required:
Name: Animals’ Angels, Inc.
Address: PO BOX 1056, Westminster, MD 21158
Contact: Sonja Meadows
Did you know?
- You can make this type of gift even if you don't currently have a will.
- If you need to provide for a surviving partner or other family member, consider naming your partner as primary beneficiary, and Animals’ Angels as secondary beneficiary.
- Charities like Animals’ Angels do not pay taxes on these distributions, benefitting from 100% of your gift — whereas 60%-70% of your retirement assets may be taxed if you leave them to individual heirs.
For more information, please contact us.