Legacy Planning

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.

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‚Äč
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.