Types of Bequests
There are a number of ways you can make a bequest to RMFR.
A specific bequest involves making a gift of a specific asset such as medical equipment, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your vehicle or $5,000 to RMFR.
Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to RMFR.
A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residual of your estate to RMFR.
A contingent bequest is made only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a transport van, to a relative but the bequest language could provide that if the relative is not alive at the time of your death, the transport van will go to RMFR.
An alternative to a bequest from your estate is a gift from your Individual Retirement Account (IRA) or an insurance policy. You can name RMFR as a beneficiary of all or just part of your IRA or policy.
Please contact us if you have questions about making a bequest to Rocky Mountain Feline Rescue or to request additional information that may be helpful to you and your attorney as you consider us in your plans.
If you have included a bequest for Rocky Mountain Feline Rescue in your estate plan, please complete the RMFR Planned Giving Intention form and email to firstname.lastname@example.org. We would like to recognize you for your gift.