There is no easier way to create your legacy of hope at St. Anthony’s than with a gift by beneficiary designation.
You may have a life insurance policy you purchased years ago and no longer need. You can name St. Anthony’s as a full, partial, or contingent beneficiary of your policy.
You can also sign over a fully paid policy and receive a tax deduction for your gift.
IRA, 401k’s, and other retirement plan assets:
As retirement plans are taxed differently than other assets, they can become a tax liability when inherited. Designating St. Anthony’s as a beneficiary of these assets can reduce or eliminate this liability. You can include St. Anthony’s on the beneficiary designation form to receive a specific percentage of your account value or as a contingent beneficiary.
Bank & brokerage accounts:
Assets like bank and brokerage accounts, CDs and savings bonds can be wonderful gifts to use to create your legacy at St. Anthony’s. Simply name St. Anthony’s as the pay-on-death (POD) or transfer-on-death (TOD) beneficiary of these assets.
Donor advised funds (DAFs):
You can name St. Anthony’s as the beneficiary of your entire fund, or a percentage, leaving the balance in your DAF to allow your children and grandchildren to continue your philanthropy.