A beneficiary designation is one of the simplest ways to make a gift to Americans for Prosperity. It's literally as easy as filling out a form.
You can specify the individuals and charities you want to support and you can also specify the percentage of the assets you want each beneficiary to receive.
Beneficiary designations are available when giving the following assets:
An alternative to a bequest gift is to designate Americans for Prosperity as the beneficiary of your retirement assets. This gift is simple because you can control the transfer of these assets at your death without changing your will or living trust. All you need to do is request (and complete) a new beneficiary designation form from your plan administrator. There is no need to modify your will or living trust.
Life Insurance policies can also be used to make a gift to AFP. Complete and return to the insurance company a form designating that Americans for Prosperity receives all or a portion of the death benefit associated with your life insurance policy. As an alternative to naming AFP as the beneficiary, you can transfer ownership of the policy.
Commercial Annuity Contracts - a commercial annuity will sometimes have a remaining value at the end of the annuitant’s lifetime. You can name AFP to receive all or part of this amount by designating it as a beneficiary (sole or partial) on the appropriate form from the insurance company.
Bank Accounts - you can instruct your bank to pay AFP all or a portion of what remains in a checking or savings account. Your bank can provide you with the appropriate beneficiary designation form.
Investment Accounts - you can instruct your investment company to transfer to AFP some or all investments held in the account at the time of your passing. Your broker or agent can let you know the process for doing this – it may be as simple as adding “T.O.D. to Americans for Prosperity” after your name on the account.
This information does not constitute legal or tax planning advice. Please consult with your legal or financial advisor. Americans for Prosperity is a §501(c)(4) entity, as determined by the Internal Revenue Service. Contributions to Americans for Prosperity are not tax-deductible. Americans for Prosperity can advocate for and against specific legislation at the state and federal levels.