I made a bequest by simply going to my Charles Schwab Brokerage account and adding AJC Children’s Foundation as a beneficiary, and setting a percentage. You can do this on your brokerage, IRA, Keogh, 401K and Insurance policy. You will have total control of these accounts you can increase, decrease, eliminate at any time. If something should happen to me, AJC Children’s Foundation will be well provided for and they have the option to take all or any part of the bequest or invest it and use only the interest or dividends for operations.
I made the personal decision not to leave money to heirs that have a good life, but to donate to the poorest of the poor.
God bless you all!
Phil
Philip Orso is a retired business executive who volunteered in the jungles of Honduras, and now is a Hospice Volunteer.