One of the simplest ways to make a gift to charity_name is to designate charity_nickname to receive your assets at the end of your lifetime. You can specify all or a percentage of the assets you want each beneficiary to receive. Often, it's as easy as filling out a form.

Beneficiary designations can apply to several types of assets.

Retirement Accounts

You may name charity_nickname as a beneficiary of your IRA or other retirement plan without changing your will or trust.

This approach can be especially tax efficient. Retirement assets left to individuals are generally subject to income tax and often must be distributed within 10 years. When left to a qualified charity, however, the full value supports its mission.

For many individuals, an effective strategy is to leave retirement assets to charity_nickname and pass other assets, such as cash, securities, or real estate to heirs.

Important: Naming both charitable and noncharitable beneficiaries can have tax implications. Always consult your professional advisors.

Life Insurance

You can designate charity_nickname as beneficiary of all or part of your life insurance policy by submitting a form to your insurer.

Alternatively, you may transfer ownership of the policy to charity_nickname. This may generate an immediate income tax charitable deduction and potential deductions for future premium payments.

Other Assets

You may also name charity_nickname as beneficiary of:

• Commercial Annuities – Designate us to receive remaining value at death.
• Bank Accounts – Establish a payable-on-death (POD) designation.
• Investment Accounts – Add a transfer-on-death (TOD) designation.

These options are typically simple to arrange and do not require revising your will.