International Fellowship of Christians and Jews

After reviewing the assets in their Estate and making allocations to their heirs, many donors decide to make a gift to a charity through their financial accounts. This can be done outside of a Will or Trust and is one of the most efficient ways to make a planned gift to your favorite charity.

Through a Charitable Beneficiary Transfer, the remaining balances in checking and savings accounts, Certificates of Deposit, brokerage accounts, and retirement accounts may be transferred directly to a charity upon your death by designating the accounts as Payable on Death (“POD”) or Transfer on Death (“TOD”) to a charity. Because PODs and TODs are executed outside of a Will or Trust, transfers of these assets are completed quickly and easily. Advisors should be consulted before using this method to measure the effect on your overall Estate Plan.

The Benefits

• Continued income stream during your lifetime
• Potential estate tax savings
• An efficient means to provide a gift which will benefit the life changing work of The Fellowship
• Avoidance of probate

Download or request a free copy of The Fellowship’s Planned Giving Ideas and Options Guide>>

Mr. Gregory’s Charitable Beneficiary Transfer story

Mr. Gregory, 80, is concerned about providing for his daughter after his death. But he also has taken to heart the biblical message of Genesis 12:3, “I will bless those who bless you,” and would like to provide for the Jewish people through a legacy gift to The Fellowship. He consulted with The Fellowship’s Planned Giving Representatives, who found a way for him to do both! He will still leave the bulk of his estate, including a substantial life insurance policy, to his daughter, but has completed TOD forms that will leave several CDs totaling $32,000 to The Fellowship.