Bequests & Beneficiary Designations
A bequest is an easy way to support Red Door’s no-kill work and to leave a loving legacy to animals. A bequest from a will or a trust distribution to Red Door is tax-deductible and usually exempt from gift and estate taxes. It is recommended that you consult your attorney when you write or amend a will or form a trust so that the documents conform to the laws in the state where you reside.
Making a Bequest
An unrestricted bequest will allow Red Door Animal Shelter to use your gift wherever it is most needed at the time. You can choose a specific dollar amount or a percentage of your estate.
We suggest the following language in wills:
“I give and bequeath the sum of $____ to Red Door Animal Shelter, an Illinois not-for-profit located at 2410 W. Lunt, Chicago, IL 60645 to be used for its general charitable purposes. Red Door’s tax ID # is 36-4248178.”
— OR —
“I give and bequeath ____% of my estate to Red Door Animal Shelter, an Illinois not-for-profit located at 2410 W. Lunt, Chicago, IL 60645 to be used for its general purposes. Red Door’s tax # is 36-4248178.”
Naming a Beneficiary
Red Door can also be named as the beneficiary on a life insurance policy, a certificate of deposit, an IRA account, or a trust. In order to pursue this way of supporting Red Door Animal Shelter, contact your bank or insurance company for the paperwork to update your beneficiary. To create a trust, please consult your attorney so that this can be done in accordance with the laws in your state.