Planned Giving
Including Connecticut Draft Horse Rescue, Inc. in your estate planning ensures that abandoned, neglected, and special needs draft horses have a safe place to receive healing care for years to come. Your gift will create a legacy that reflects your compassion and concern for the welfare of America's draft horses.
Planned giving means more than just including us in your will. There are options that can help Connecticut Draft Horse Rescue Inc., as well as your own financial circumstances. Some of these can provide you with tax benefits at the present time. Through a planned gift, you may be able to increase your current income or provide additional retirement income, while reducing income tax and estate taxes. Some types of gifts virtually eliminate estate taxes, while others greatly reduce the amount of tax you are responsible for during your lifetime. In order that both you and the horses receive the full benefit of any gift you may consider, it is important to explore your options.
We suggest you speak with your attorney and/or financial planner in looking into some of the following options to benefit CDHR as well as yourself:
Bequests through your will
Retirement Plans - consider donating the interest from your IRA, investments or other qualified savings plan to Connecticut Draft Horse Rescue Inc.
Life Insurance Gifts - you can elect to make Connecticut Draft Horse Rescue Inc. the owner and beneficiary of a life insurance policy
Charitable Gift Annuities - these provide numerous tax benefits to you, and you are guaranteed income for the rest of your life
The following is the correct verbiage for a bequest:
“I give and bequeath to Connecticut Draft Horse Rescue Inc, a not-for-profit corporation under section 501(c)3 of the Internal Revenue Code, with its principal offices presently located at 113 Chestnut Hill Road, East Hampton, CT, 06424 and the mailing address of Connecticut Draft Horse Rescue Inc., PO Box 273, East Hampton, CT 06424, the sum of $______, to be used for the accomplishment of its general purposes.”