Invest in the future of Challenged Sailors by including us in your will or trust. Making a bequest will ensure Challenged Sailors of future funding that will help us continue to provide wonderful opportunities for therapeutic and recreational sailing for challenged individuals.
Legacy Planning
Frequently asked questions
What is a bequest?
A charitable bequest is a gift made to us through your will or trust. It can take many forms such as a specific sum or percentage of money, or a specific item of property, such as real estate, an automobile, or other physical asset. A contingent charitable bequest can be made if an original beneficiary named in your will or trust does not survive you.
Do I need to change my will or trust to make a bequest?
No. You can simply name Challenged Sailors San Diego as a beneficiary of your private and/or employer sponsored life insurance policy or policies. You may also name Challenged Sailors San Diego as a beneficiary of any retirement, savings, or brokerage accounts.
How do I designate Challenged Sailors San Diego as a beneficiary?
To designate Challenged Sailors San Diego as a beneficiary in you will or trust, include the specific dollar amount or percentage of money, or a specific item of property, to Challenged Sailors San Diego Tax ID# 47-2882798.
To designate Challenged Sailors San Diego as a beneficiary of your life insurance, retirement, savings or brokerage accounts, simply request the appropriate beneficiary designation form from your plan administrator and provide them with the following information:
Beneficiary Name: Challenged Sailors San Diego
Tax ID# of Beneficiary: 47-2882798
Beneficiary Address: PO Box 6994, San Diego, CA 92166
Beneficiary Phone Number: 760-690-6594
What is a Charitable Remainder Trust (CRT)?
A Charitable Remainder Trust (CRT) is a gift of cash or other property to an irrevocable trust. The donor receives an income stream from the trust for a term of years or for life and the named charity receives the remaining trust assets at the end of the trust term. Consult your attorney about establishing a CRT with Challenged Sailors San Diego as the beneficiary.
This information is not intended as tax, legal, or financial advice.
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