Retirement plans such as IRAs or 401(k)s make ideal gifts to charitable organizations. Federal and state income taxes on these plans can be costly to your loved ones. However, if you name a tax-exempt organization such as Vermont Law School as the beneficiary of your retirement plan, no income tax will be generated.
It's easy to include Vermont Law School as a beneficiary of a qualified retirement plan. Simply fill out the beneficiary form provided by your retirement plan administrator, naming Vermont Law School as a beneficiary and indicating the percentage of the remainder of the fund that VLS will receive. Sign and return the form to your plan administrator.
For more information on how to make a lasting difference, please contact Matt Rizzo at email@example.com, 802-831-1206.