Giving & Investing
A beneficiary designation describes how your assets will be distributed upon your passing. It is often easier to make a charitable gift by completing a beneficiary designation form provided by your account administrator than it is to visit your attorney and update your will. Some of the more common assets that transfer through beneficiary designations are retirement accounts like IRA’s, 401(k)s or 403(b)s, savings accounts, checking accounts, mutual fund accounts, or life insurance policies.