Gifts That Cost You Nothing Now

Gifts in a will or by beneficiary designation are two easy ways to build a just and compassionate world for all animals for years to come — and they don’t cost you anything now.

If you have already included a gift in your estate plans to benefit the future of Lollypop Farm, be sure to let us know so that we may best honor your wishes.

Gifts in a Will

Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Lollypop Farm. Once you have provided for your loved ones, we hope you will consider supporting the lives of animals through justice, prevention, and life-saving care as part of your life story through a legacy gift.

A gift in your will is one of the easiest ways to create your legacy and offers the following benefits

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LASTING IMPACT

Your gift will create your legacy of compassion for animals in need and our community.

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FLEXIBLE

You can alter your gift or change your mind at any time and for any reason.

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NO COST

A gift in your will costs you nothing now.

Four simple, “no-cost-now” ways to give in your will

General gift
A general bequest is a gift of a specific amount.
Residuary gift
A residuary gift is a gift of all or a percentage of the remainder of your estate after specific bequests and expenses have been paid.
Specific gift
A specific gift is a gift of a particular piece of property. For example, real estate, funds in a bank account or shares of a corporation.
Contingent gift
A contingent gift takes effect only if you survive the primary beneficiary or beneficiaries named.

You can mix these no-cost options together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to the Humane Society of Rochester and Monroe County for the Prevention of Cruelty to Animals, Inc., contingent upon the survival of your spouse.

Gifts by Beneficiary Designation

A gift by beneficiary designation is one of the easiest gifts to give because it costs you nothing now, doesn’t require a lawyer, and you can change your beneficiaries at any time. Name Lollypop Farm as a beneficiary of your retirement account, life insurance plan, bank account, or other assets.

By naming Lollypop Farm as a beneficiary of these assets, you will make your love of animals your lasting legacy and provide for the future of animals in need.

Potential benefits of gifts by beneficiary designation:

Reduce or eliminate taxes
Reduce or avoid probate fees
No cost to you now
Create your legacy with Lollypop Farm

Types of Gifts

Retirement plan assets
You can simply name Lollypop Farm as a beneficiary of your retirement plan to better the lives of animals through justice, prevention, and life-saving care.
Life insurance policies
You can name Lollypop Farm as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Lollypop Farm will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time, and you may reduce your estate taxes.
Bank or brokerage accounts

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Lollypop Farm as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. 

Funds remaining in your donor-advised fund

What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Lollypop Farm as a “successor” of your account or a portion of your account value, you enable a humane community that will ensure a better future for animals in our community.

How to update a beneficiary designation:

Simply contact your  financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.

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Please use our legal name: The Humane Society of Rochester and Monroe County PCA, Inc.

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Include our tax identification number: #16-0743047
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Please let us know so we can ensure that your wishes are carried out.

Complimentary planning resources are just a click away!

Learn more about easy ways to leave a legacy with our free guides!