Beneficiary Designation

Designate Berkeley as a beneficiary of retirement accounts, brokerage accounts, or Donor Advised Funds.

How it works

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You name Berkeley as a beneficiary of your IRA, 401(k), or other qualified plans.

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Work with the Office of Gift Planning to document your gift purpose via a letter of direction.

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After your lifetime, all or a portion of the remaining assets in your plan pass to Berkeley tax-free.

How you benefit

  • You can continue to take distributions from your accounts and make grant recommendations during your lifetime.
  • You can create a tax-efficient estate plan by leaving other assets to your loved ones, which¬†are not subject to both income and estate tax.
  • You can change your beneficiary designation at any time.
  • You can use a beneficiary designation to fund a Testamentary Charitable Remainder Trust with retirement assets or brokerage account assets,¬†which can pay income to a loved one for life or a term of years.