Designate Cal-IPC as a beneficiary:
An easy way to support Cal-IPC’s work in the future is to name Cal-IPC as a beneficiary for retirement plans and other assets. It is typically as simple as requesting and signing beneficiary forms from your plan administrator. You will continue to earn income from these funds through your lifetime. You may wish to provide for your family through your will and make charitable gifts with the residual funds in retirement accounts because of the potential tax savings for your heirs. You can designate Cal-IPC as a beneficiary for:
- Retirement plans
- Life insurance plans
- Remaining assets in donor-advised funds
- Certificates of deposit, bank and brokerage accounts, savings bonds
Beneficiary designations and amounts or percentages can be updated at any time and without an attorney. Request a beneficiary designation form from your financial institution or insurer.
(Note that this is general information and is not presented as specific legal or tax advice. Please consult with your tax advisor or attorney on what options are right for you.)
Need more information? Contact Claire F. Meyler, Communications and Development Manager, at firstname.lastname@example.org or 510-843-3902 x310.