CREATE A LASTING LEGACY
Leave a legacy with a gift to RAICES in your will or trust, ensuring that your commitment to migrant justice continues uninterrupted. It is simple to arrange and can be modified easily at any time to address your changing needs.
Here, we list some popular approaches, with sample language, to share with your attorney or advisor. These are examples only; RAICES is not engaged in legal or tax advisory services.
You may name RAICES as a beneficiary of a specific amount from your estate:
I give and devise to RAICES (EIN #74-2436920), with a primary office at 1305 N. Flores Street, San Antonio, TX 78212, the sum of $________ [or asset] to be used for its general support.
You may leave RAICES a residual bequest, paid after your estate expenses and specific bequests:
I give and devise to RAICES (EIN #74-2436920), with a primary office at 1305 N. Flores Street, San Antonio, TX 78212, all [or state a percentage] of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support.
You may name RAICES as a contingent beneficiary in your will or personal trust if one or more of your specific bequests cannot be fulfilled:
If [insert name] is not living at the time of my demise, I give and devise to RAICES (EIN #74-2436920), with a primary office at 1305 N. Flores Street, San Antonio, TX 78212, the sum of $_________ [or all or a percentage of the residue of my estate] to be used for its general support.
Retirement Plan, Insurance Policy, Donor-Advised Fund, or Bank Account Gift
No will is necessary to designate RAICES as a beneficiary of your IRA, other qualified retirement plan, life insurance, donor-advised fund, or bank account. You may name RAICES as a beneficiary, accomplishing a charitable goal while realizing significant tax savings.
You maintain complete control over the asset, and after your lifetime, the plan passes to support RAICES, free of both estate and income taxes. Please consult with your tax advisor regarding the tax benefits of such gifts.
Simply request a change of beneficiary form from the administrator of your plan, policy, fund, or account. Complete and return the form to your administrator and notify RAICES.
If you would like to make a gift that is specific to your goals and interests, RAICES can provide customized language.
For more information and assistance with the proper language for your will or beneficiary designation, please contact:
Rhonda Rogers Armor
Office of Development, RAICES
+1 (726) 666-3275
Certain IRS limitations apply. The information presented is not intended as legal or financial advice. Please consult your own professional advisors to discuss your specific situation.