3 Steps to Making a Beneficiary Gift
Did you know that the beneficiaries named on a retirement plan or life insurance policy determine who will receive these funds, even if they are designated differently in your will? Did you also know that funds remaining in your IRA may be subject to multiple taxes if left to your estate?
If you are considering including a gift for Berkshire in your will, we have another simple alternative. Name Berkshire as a beneficiary or partial beneficiary of your retirement plan and leave other "less-taxed assets" Roth IRA to your family.
It's Easy as 1, 2, 3!
- 1. Request a "change of beneficiary" form or download the form from your plan administrator's website.
- 2. List Berkshire School as beneficiary at the following address:
- Berkshire School
- 245 N. Undermountain Road
- Sheffield, MA, 01257
- EIN: 04-2121313
- 3. Let us know so we can thank you!