Beneficiary Designation
You can designate Garden School as the beneficiary of a number of assets, including Retirement Plans, Life Insurance, Investment Accounts and more.
Life Insurance Policies
By filling out a form provided by your life insurance company, you can designate Cooper as the beneficiary of part or all of the death benefit on your policy, providing estate tax benefits for your successors. You can also transfer your policy to Cooper’s ownership now, receiving an immediate charitable tax deduction and possible income tax savings.
Investment and Bank Accounts
You can instruct your bank to transfer some or all of your assets left in your account to Garden School upon your passing, providing estate tax benefits in the process. Each bank is different, and we encourage you to speak with your representative there to determine the best way to put your plan in place.
If you would like to designate Garden as the beneficiary of an asset that you don’t see listed here, please contact us to learn more about the many possibilities for your giving at Garden.
The information contained herein is not intended as legal or tax advice. We recommend that you consult with your attorney or financial advisor for questions concerning your individual situation.
