Why Give a Percentage of Your Estate?
You may think you don't have enough money to donate and make any kind of
impact, but that simply isn't true. Your gift, no matter the size, can ensure a
future for PETA and influence the lives of those who rely on it.
Put it this way: The majority of American adults give to a charitable
organization each year—even in these tumultuous economic times. Meanwhile, only
8 percent of charitable giving dollars in 2010 came from donations made from
Yet, giving through your will won't affect your current income.
For those of you who want to help PETA, but don't know where to begin because
of time or money limitations, a bequest in your will or revocable living trust
is a great place to start. It also allows you to make contributions—similar to
annual donations—after you've passed.
By putting aside a percentage of the assets in your will or trust—from 1 to 100
percent—you can leave a legacy with PETA, while making sure your family has the
security they may need in the future.
More Worry-Free Options
There are other ways to contribute to our mission without affecting your
income. For instance, you can include us as partial beneficiary—by dividing up
your assets in percentages—on your life insurance policy or retirement plan
assets. Simply contact your insurance company to ask how you can change
beneficiaries in your life insurance policy. In the case of retirement plan
assets, ask your retirement plan administrator for a change-of-beneficiary
Watch Out!If your children are the beneficiaries of your IRAs and other retirement plan
assets, federal income taxes may erode up to 35 percent of the amount they
If you give annually and want to extend your support for our work, these are
smart ways to leave a lasting legacy without affecting your income, and they
still allow you the flexibility to change your mind in case your
circumstances—or the economy—changes.
Ask your estate planning attorney how to set these up, or contact Tim Enstice
at 757-962-8213 or Legacy@peta.org. We're here to help.
(1) Source: Giving USA 2011: The Annual Report on Philanthropy for the Year 2010
Copyright © The Stelter Company, All rights reserved.
The information on this website is not intended as legal or tax advice. For legal
or tax advice, please consult an attorney. Figures cited in examples are for
hypothetical purposes only and are subject to change. References to estate and
income taxes apply to federal taxes only. State income/estate taxes or state
law may impact your results.
Almost all of us grew up eating meat, wearing leather, and going to circuses and zoos. We never considered the impact of these actions on the animals involved. For whatever reason, you are now asking the question: Why should animals have rights? Read more.