Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to defend medical excellence and patient trust for years to come — and they don’t cost anything now.
You can learn more about these special opportunities in our free brochure, How To Create or Update Your Estate Plans, and other complimentary planning resources. These resources are just a click away!
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Do No Harm. Once you have provided for your loved ones, we hope you will consider making better healthcare for all part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
- Lasting Impact: Your gift will create a legacy of dismantling DEI and protecting children.
- Flexible: You can alter your gift or change your mind at any time and for any reason.
- No Cost: It costs you nothing now to give in this way.
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Four simple, “no-cost-now” ways to give in your will
General gift
A general bequest is a gift of a specific amount.
Residuary gift
Specific gift
A specific gift is a gift of a particular piece of property. For example, real estate, funds in a bank account, or shares of a corporation.
Contingent gift
You can combine these no-cost options. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Do No Harm contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in defense of American medicine — and it costs you nothing now. By naming Do No Harm as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of protecting healthcare from radical, divisive ideology.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes
- Reduce or avoid probate fees
- No cost to you now to give
- Create your legacy with Do No Harm
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Types of Gifts
Retirement plan assets
You can simply name Do No Harm as a beneficiary of your retirement plan to stand with physicians, medical students, and patients.
Life insurance policies
You can name Do No Harm as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Do No Harm will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Do No Harm (Tax ID: 87-4701865) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward protecting patients and defending medical ethics for generations to come.
Funds remaining in your donor-advised fund
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Do No Harm as a “successor” of your account or a portion of your account value, you power our legal, policy, and research work to keep identity politics out of healthcare.
How to update a beneficiary designation:
Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.
Please use our legal name: Do No Harm.
Include our tax identification number: 87-4701865.
Please let us know so we can ensure that your wishes are carried out.
Share Your Legacy
If you have already included a gift in your estate plans to benefit the future of Do No Harm, be sure to let us know so that we may best honor your wishes.
