You can name Hadassah as a beneficiary of your savings accounts, CD's and other bank accounts by designating your account as Payable on Death ("POD") to Hadassah. You can also name Hadassah as the beneficiary of your brokerage account by designating the account as Transfer on Death ("TOD") to Hadassah. Most states recognize these types of accounts. POD and TOD accounts allow you to transfer assets to Hadassah after your death that are deductible from your gross estate and may result in estate tax savings. The funds will be distributed to Hadassah without going through probate, allowing your gift to be transferred to Hadassah - and put to good use - as soon as possible.
- Contact us at 800-428-8884 or firstname.lastname@example.org with any questions.
- Seek the advice of your financial or legal advisor.
- Ask your bank or broker how to make your account "payable on death" or "transfer on death."
- Please use our legal name, address and Federal Tax ID if naming Hadassah beneficiary of your savings accounts, CD’s or other bank accounts.
|Legal Name:||Hadassah, The Women's Zionist Organization of America, Inc.|
|Address:||40 Wall Street, New York, NY 10005|
|Federal Tax ID No.:||13-1656651|
The information and content contained herein are intended for educational purposes only and are not intended to provide legal, tax or other professional advice or to be relied upon. We encourage you to consult with an attorney, tax advisor or accountant.