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Estate Planning - Making Arrangements For Your Pets

If you are an animal lover, with a concern for how animals are treated, consider making the American Lhasa Apso Club (ALAC) Rescue a part of your estate. It's an excellent way to continue associating your name with animal welfare, and your money works for the benefit of rescued Lhasas throughout the United States and Canada. Contributions received from estates have been used for the daily support of the animals in our care, as well as for new kennels, veterinary expenses, and extended care for injured and abused animals of all descriptions. You will have the satisfaction of knowing that you have helped those Lhasas who are unable to ask for help themselves.

There are several ways that you can continue contributing to the welfare of animals via your estate. Please consult with your estate planner and attorney as to the correct way to structure your gift, and to insure the proper wording in your will so that your wishes are sure to be carried out. A call to us from your estate planner or attorney will garner our 501©3 Tax Exemption Code, which should be used to prevent any confusion with other agencies.

In addition to outright bequests, there are other, less well-known options to consider, for example, life insurance policies. The American Lhasa Apso Club Rescue can be named as a contingent beneficiary on your policy. In the event of the simultaneous death of both you and your named primary beneficiary, the American Lhasa Apso Club Rescue would receive payment. This information may also apply to IRA accounts.

Here's a tip: Please, do not leave properties directly to the American Lhasa Apso Club Rescue. Instead, instruct your estate to sell your property, and convey the proceeds to the American Lhasa Apso Club Rescue. A shelter in New York was forced to declare bankruptcy and close, because a well-meaning supporter left them a property that turned out to be contaminated. The subsequent federally required cleanup quickly exhausted the limited funds available to the small shelter.

Ask your financial planner for advice about how to make the American Lhasa Apso Club Rescue a part of your estate.