Gift by beneficiary designation

Donors like you frequently tell us, "I wish I could do more." You can! You can help support our mission for many years to come, after providing for yourself and your family, by naming the Marian Fathers as a beneficiary of any of these types of accounts, which are sometimes called “non-probate assets” because the distribution of them is not controlled by your will:

• Retirement Accounts
• Life Insurance Policies
• Bank or Brokerage Accounts
• Certificates of Deposit
• Donor Advised Funds

Benefits:

• It's easy to arrange.
• You retain control of your account or policy.
• You can change beneficiaries at any time during your life.
• A gift from your IRA may allow you to save on taxes or reduce the tax burden for your heirs.
• If beneficiaries are set properly, these assets can transfer more quickly than assets that must go through your will and probate.

The Marians have partnered with [FreeWill link and tracking] so you can plan and keep track of your beneficiary designations all in one place. Here’s how to use FreeWill to make a plan for your beneficiaries:

1. Start by creating your FreeWill account and profile [LINK], so that all your information can be safely saved. (If you already have an existing account, you will be asked to log in.)
2. List your non-probate assets along with basic information about their holding institutions.
3. You will be able to designate beneficiaries for each of your individual assets. At the end of planning for each asset, you will receive instructions to help you record or update your wishes with its respective institution.

If you prefer to contact each institution on your own:

1. CONTACT your retirement plan administrator, bank, broker or insurance company and request a beneficiary form. This form — not your will — determines how these assets are distributed.
2. WRITE IN "Marian Fathers of the Immaculate Conception of the B.V.M." as beneficiary [or partial beneficiary] using our federal tax identification number: 20-8599030 and address: 2 Prospect Hill Road, P.O. Box 716, Stockbridge, MA 01262. For a date of birth, use our date of incorporation: February 23, 2007.
3. SIGN THE FORM AND RETURN it to your plan administrator, and keep a copy for your records.

Please let us know your plans, so that we may have the joy of thanking you. We would also like to send you a helpful booklet called Important Personal Records and A Letter to My Loved Ones.