Gift in Your Will or Living Trust
Learn how to include Meals on Wheels America in your will or living trust, explore the different ways you can structure your gift and find sample language to share with your attorney.
Why Choose a Beneficiary Designation Gift?
A simple and powerful legacy gift is naming Meals on Wheels America as a beneficiary of an account, policy or plan to receive the proceeds or remaining funds that will be distributed after your lifetime.
- Simple to Update – Most beneficiary designations can be completed by filling out a form from your financial institution or plan administrator.
- No Changes to Your Will – Because beneficiary designations are handled separately from your will, you can often make this gift without visiting an attorney.
- Flexible – You can update your beneficiary designation if your circumstances or wishes change.
- Potential Tax Advantages – Certain beneficiary gifts, such as retirement accounts, may provide tax benefits for your estate or loved ones.
How to Make This Gift
Giving by beneficiary designation could be your easiest option, because you do not need to visit your attorney to complete this gift. Simply request a change-of-beneficiary form from your financial institution or account holder and use this information:
Name: Meals on Wheels America
Address: 1550 Crystal Drive, Suite 1004, Arlington, VA 22202
Tax ID: 23-7447812
Bonus: Added Tax Savings!
When you name Meals on Wheels America as a beneficiary of your Individual Retirement Account (IRA), you could receive the added benefit of lowering taxes for your loved ones. This is because IRA distributions to a family member may be subject to federal income taxes, but 100% of your IRA legacy gift to Meals on Wheels America will be tax-free.
Accounts You Can Use for a Beneficiary Gift
Many financial accounts allow you to name a charitable beneficiary. Depending on the type of account you own, you may be able to designate Meals on Wheels America to receive all or a percentage of the remaining assets.
Eligible accounts may include:
- Retirement plans (401(k), 403(b), etc.)
- Individual Retirement Accounts (IRAs)
- Life insurance policies
- Bank or brokerage accounts
- Commercial annuities
- Donor-advised funds (as a successor charity)
Already Included Meals on Wheels America in Your Plans?
Letting us know about your future gift helps ensure we can honor your wishes and welcome you into our Legacy Circle community. Because change-of-beneficiary forms often do not allow you to provide details about your wishes for your gift and whether you are making it in memory or honor of someone special, sharing your plans is the best way to ensure we understand your preferences.
Notify Us of Your Legacy Gift
More Ways to Help
End the Wait® for Seniors in Need
View more Legacy Giving options. When you support Meals on Wheels America, you are helping to ensure that every senior who needs nutritious meals and social connection is able to receive them.
Tax-Wise Giving
Explore charitable giving strategies that may help you maximize your impact while providing potential tax benefits for you or your loved ones, depending on your financial situation.
Legacy Circle
Discover how Meals on Wheels America recognizes and celebrates supporters who have included a legacy gift in their plans, and learn about the lasting community you're helping build.
Have Additional Questions?
We're Here to Help.
Contact us today at 703-548-5558 or legacy@mealsonwheelsamerica.org with any questions or to learn more.
