You can support Country School in several simple and savvy ways without reducing your income or diminishing your savings.
Think about using assets that can be transferred to Country School without legal expense. You may have bequests, stock, or life insurance that you can use to accomplish your charitable goals. All of these assets can be transferred by completing a POD (Payable on Death) or TOD (Transfer on Death) form. Some companies also call these beneficiary designation forms. This completed form tells the account custodian what to do with the account after your passing.
You can name Country School in your long-term plans today without a negative impact on cash flow or lifestyle. Keep it simple and savvy. Ask your bank for a POD form. Ask your investment account or insurance company for a TOD form. Designate and donate with any of these assets. It takes less than five minutes of your time.
Ask the brokerage or mutual fund custodian for a TOD form. Some companies also call these beneficiary designation forms.
Learn more about designating and donating appreciated stock or mutual fund account plan.
Ask the insurance company for a TOD form. Some insurance companies also call these beneficiary designation forms.
Learn more about designating and donating a portion or all of your life insurance policies.