Another simple way to leave a legacy of social justice is to name LCCRSF as a beneficiary of any individual or group life insurance policy. You will receive an estate tax deduction for insurance proceeds that go to LCCRSF upon your death. 

An IRA, 401(K), 403(b) or another qualified retirement plan has tax benefits for accumulating assets, but at death it may be subject to income and estate taxes.  

Without planning, over 60% of the value of your tax-deferred accounts may go to taxes. Gifting these accounts makes use of the full value of the assets. To leave your IRA or other retirement plan to LCCRSF (either as primary or contingent beneficiary), contact your retirement plan company to request a change in beneficiary designation form. 

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