Leave a Legacy

Donations of Life Insurance, IRAs, or Other Pension / Retirement Plans

A will typically does not dispose of assets such as life insurance and pension plans, which usually pass by “beneficiary designation.”

 A beneficiary designation is a contract between you and your insurance company or pension plan administrator to transfer the asset at your death to the person(s) or institution(s) you have designated (usually in the initial paperwork you completed to establish the asset). To designate Vincentian Charitable Foundation as the beneficiary of such an asset, you should contact your insurance company or plan administrator and request a “change of beneficiary” form, which you can complete and return to them. Note: Use Tax ID 75-3263876  in lieu of social security number for an organization.