Many donors provide their most significant gift through their wills by naming White’s Residential & Family Services as one of the beneficiaries of their will or estate.
One of the simplest ways to donate is to designate White’s Residential & Family Services as one of the beneficiaries of your life insurance policy. This may be in the form of a specific dollar amount or percentage.
Retirement accounts or IRAs should have beneficiary listings in case money remains in the account after the owner passes. Some people assign a percentage of what remains to White’s or other charities.
Larger gifts, generally $250,000 or more, may be made through a charitable trust. There are different types of trusts that can be designed to best meet the needs of your family and situation. Included are Charitable Lead Trusts, where a gift is made, the interest from which goes to the charity for a specified period of time, after which the remainder returns to the family or other designee. Charitable Remainder Trusts involve making a gift that is invested, with a specified amount returning to the donor during their lifetime and the remainder going to the charity upon their passing.