If you own stocks, bonds or mutual funds, they can be used as legacy gifts to fund The Salvation Army's program. With a Transfer on Death gift, you can name The Salvation Army as the primary or contingent beneficiary of the account after death. It's simple, doesn't require an attorney, saves taxes and is revocable.
You may use a Payable on Death gifting option to name the Army as a primary or contingent beneficiary of bank accounts. When the account is no longer needed to pay expenses, the balance is given to The Salvation Army.
For more information on supporting The Salvation Army through a Transfer on Death or Payable on Death gift, please call our planned giving professionals at 773.205.3515 or send us an email firstname.lastname@example.org.
For more information, click here to download Advantages of TOD Charitable Giving.