Sentences with phrase «named charitable beneficiary»

The donor receives an income stream from the trust for a term of years or for life, and the named charitable beneficiary receives the remaining trust assets at the end of the trust term.

Because the retirement distributions are taxed as income to the beneficiary, and if your estate is subject to the estate tax, you can maximize the distributions by naming a charitable beneficiary.

Not exact matches

Actions that are considered Centennial Planned Gifts include making estate plans through a will or a living trust; creating a charitable remainder trust and naming the Business School as the remainder beneficiary; entering into a charitable gift annuity agreement with the School; naming Columbia as the beneficiary of a life insurance policy or retirement plan; or establishing a donor - advised fund at Columbia.

Did you know you can name a charitable organization as a life insurance beneficiary?

We hope you'll join our Legacy Society program by naming Nate's Honor Animal Rescue as a beneficiary in your will, life insurance policy, pension plan or charitable trust.

You name your donor - advised fund account, advisors, and any successors or charitable beneficiaries.

We hope you'll become a Founders Society member by naming the Dumb Friends League as a beneficiary in your will, living trust, life insurance policy, pension plan, or charitable trust.

You may also name the QCAWC as the beneficiary of your retirement pan, life insurance policy, bank account, mutual fund, charitable remainder trust, or charitable lead trust.

Bequests: A charitable bequest, a simple provision in your will or living trust, would enable you to name the Golden Gate National Parks Conservancy as a beneficiary of your estate.

«When we started OneBigGame, I don't think we could have anticipated that this kind of quality could come out of it,» de Ronde told us ahead of this week's announcements, which also named Save the Children and the Starlight Children's Foundation as the beneficiaries of OneBigGame's charitable contributions.

You could also name a charitable organization that is not your employer as a beneficiary.

Did you know you can name a charitable organization as a life insurance beneficiary?

Keep in mind that naming a charity as a beneficiary doesn't provide the same charitable income tax benefits as gifting a policy.

If you've been unable, for example, to be the philanthropist you wished, you can name an institution, a group or a school as a beneficiary of your insurance policy (see Life insurance can be a charitable gift worth giving).

Charitable contributions: Life insurance policies can be created with your favorite charity as a named beneficiary, the III says.

Since the death benefit will most likely exceed any amount you can afford to donate during your lifetime, naming a charity as a beneficiary is the most effective and affordable way to make a generous charitable donation.

Depending on how your state laws dictate the distribution of life insurance benefits, you may also be able to name a charitable or nonprofit organization as your beneficiary.