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Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using:
It is very simple to name DAV (Disabled American Veterans) as a beneficiary. Start by requesting a change-of-beneficiary form from your policy administrator or download the form from your provider's website. Make your desired changes and return the form to establish your gift.
DAV has partnered with FreeWill to provide our friends and supporters with the opportunity to write a legal will at absolutely no cost. Begin your free will at freewill.com/DAV, ensuring your legacy will help serve more than a million disabled veterans each year!
Robert and Carol treasure the financial help they have been able to give their children and DAV over the years. The couple recently updated their will to leave stocks and real estate to their kids. They left DAV 10% of their IRA ($75,000) to be transferred following their lifetime. Because DAV is tax-exempt, all $75,000 will help support our mission.
If Robert and Carol had left the IRA to their children, approximately $18,000* would have gone to pay federal income taxes—leaving only $57,000 for their family's use. Robert and Carol are happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.
*Based on an assumption of a 24 percent marginal income tax bracket.
Legal name: Disabled American Veterans
Address: P.O. Box 14301, Cincinnati, Ohio 45250
Federal tax ID number: 31-0263158
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