It’s important to consult with a professional advisor, such as a wealth manager, estate planning attorney, and/or accountant to identify which gifting approach best suits your unique circumstances. Disability Rights Center – NH is a tax-exempt 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent allowed by law.
Simplicity & Flexibility
Including a gift or other bequest to DRC-NH under a Last Will and Testament or a Trust is a simple way to make a planned gift to support the organization’s mission.
Through a Last Will or Trust, you may specify that a certain amount of money or a specific item of property, like stocks or a vehicle, be given. Alternatively, you may specify that DRC-NH receives a percentage of or the full amount remaining in your estate after other bequests are made and debts are satisfied (known as the “residuary estate”).
You also have the option to specify that certain conditions be met before DRC-NH benefits from your estate. For example, if you identify an individual to receive a specific bequest under your Revocable Trust, you could also state that if the person has predeceased you, their share will be distributed to DRC-NH instead.
Leaving a Legacy by Beneficiary Form is as Simple as 1, 2, 3!
Designating DRC-NH as a primary or contingent beneficiary of all or of a percentage of your estate, including under life insurance policies, annuities, IRAs or other tax-deferred retirement assets is easy. Beneficiaries on these financial assets may be changed simply by filling out a new beneficiary designation form. You can do this without having to update other estate planning documents.
- Contact the custodian or administrator of your IRA, retirement plan, insurance policy, or annuity and request a beneficiary designation form (often, these forms are also available through a company’s website).
- Complete the beneficiary designation form and identify the percentage you wish to leave to DRC-NH, and identify whether the charity will receive assets as a primary or contingent beneficiary.
- Make a copy of the designation form for your records and send the updated form back to the financial institution managing the asset.