Want to learn more about making tax-wise gifts? Download our FREE guide Beneficiary Designations: The 3 Easiest Ways to Leave Your Legacy.
View My Free BrochureAre you passionate about supporting Rady Children's even after your lifetime? This is both possible and easy to do, with a beneficiary designation. Just name Rady Children's as a beneficiary of your assets such as retirement plans or life insurance policies. You can complete this gift simply by filling out a form (separate from your will). This is both an easy and flexible way to give—you aren't locked into the choices you make today. You can review and adjust beneficiary designations any time you want.
Robert and Carol treasure the financial help they've been able to give their children and Rady Children's over the years. Now that their children are grown, Robert and Carol changed their estate plan so it could work harder for the people and causes they love. The couple updated their will to leave stocks and real estate to their children. And they gifted a $75,000 IRA to be transferred to Rady Children's after their death. Because Rady Children's is tax-exempt, the full $75,000 will come to the Hospital and support our mission.
If Robert and Carol had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes—leaving only $57,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.
*Based on an assumption of a 24% marginal income tax bracket.
You can name us beneficiary of the following assets:
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. California residents: Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. Oklahoma residents: A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.