Yes, you can name a charity as a beneficiary in your will. Before you do so, here are some helpful pointers to ensure the process goes smoother after you pass away. Identify the charity Research the charity. Ensure that the charity's mission is in lines with your own values. When was the charity established? Will the charity be easily located by your personal representative after you die? Name of the charityMake sure the name you have on file is the actual name of the charity. Has the name changed over the years? If you have already named a charity in your will, double-check that the charity still exists or that its name has not changed. Identify the Amount or Gift Consider how much and what you want to give to the charity. Does the gift consist of real estate, cash, or a percentage of your estate? Contact the charity After you determine which charity you would like to name in your will, you can reach out to the charity to ensure that you have all the necessary details. For example, if you would like to gift real property, double-check with the charity that it can accept the gift of real property that you intend to leave it.
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Ruth A. HarperI'm a Pacific Northwest attorney, and my focus is on estate planning and elder law. My interest in these fields grew out of my experience with aging relatives and family members with special needs. Categories
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