Gift Illustrator
1. Begin With the BasicsStart by getting organized: outline your objectives, determine the value of your property, inventory your major assets, estimate outstanding debts, and prepare a list of family members and other beneficiaries to whom you want to pass assets. You'll also want to ask yourself these two questions:
2. Choose GuardiansIf you have minor children or an adult child, a parent or a spouse with special needs who is your dependent, you must think about who will care for them when you're gone. Talk to your proposed guardian ahead of time about what you are asking, and understand that if you don't name a guardian, the courts may end up doing it for you.3. Choose an ExecutorYour executor undertakes many important responsibilities, including:
If you don't have a will, or if your will doesn't name an executor, the courts will appoint one.4. Meet With an Estate Planning AttorneyTo avoid trouble for your heirs, seek the counsel of an estate planning attorney to help record your wishes in a legally sound will.
We're Here to HelpWhen drafting your will, we hope you'll remember PETA by including a charitable bequest that will support our important work for animals after your lifetime. Just contact Tim Enstice at 757-962-8213 or plannedgiving@peta.org if you would like more information about this flexible way to support PETA's mission.Share the sample bequest language for PETA with your estate planning attorney: "I, [name], of [city, state ZIP], give, devise and bequeath to People for the Ethical Treatment of Animals, Inc., federal tax identification number 52-1218336, with the permanent address of P.O. Box 42516, Washington, DC 20015, the sum of $_______ [or describe the real or personal property of percentage of your estate] for its unrestricted use and purpose."