Will or Trust
Making a gift to Friends of Loudoun County Animal Services through your will or revocable living trust is a simple and flexible way to save the lives of homeless pets for years to come. Have you already named FLCAS in your will or trust? Thank you for joining us in our work.
There are several ways you can make a gift through your will or trust:
Specific gift: You describe exactly what kind of gift you want to leave to a specific individual or organization and the designated source. If you want to leave a specific dollar amount from a specific source or a particular item, this is the type of bequest you would use. Here are two examples:
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Jean states in her will: "I leave my coin collection to my son George. I leave my vacation house to my daughter, Catherine. I leave my securities to Friends of Loudoun County Animal Services."
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Michelle states in her will: "I leave $50,000 to my brother, Christian. I leave $20,000 to Friends of Loudoun County Animal Services."
Residuary gift: This type of bequest is honored after all other bequests have been made, and all debts, expenses and taxes have been paid. Here's an example:
Mary states in her will: "I give all the rest, residue and remainder of my estate to Friends of Loudoun County Animal Services."
Contingent gift: This type of bequest is fulfilled if certain conditions are met. For instance, if your primary beneficiary does not survive you, you can indicate your next choice through a contingent bequest. Here's an example:
Bob states in his will: "I give all the rest, residue and remainder of my real and personal estate to my wife, Lucy, if she survives me; if not, then 50 percent in equal shares to my children who survive me and 50 percent to Friends of Loudoun County Animal Services."