Consider a Legacy Gift to Supplies over Seas
A gift to Supplies Over Seas in your will or revocable trust enables you to support our mission and make a difference in the lives of future generations. A bequest:
• Is easy to arrange.
• Will not alter your current lifestyle in any way.
• Can be easily modified to address your changing needs.
Specific Gift Language
Naming Supplies Over Seas as a beneficiary of a specific amount from your estate is easy:
“I give, devise, and bequeath to Supplies Over Seas International USA, EIN #27-2624272 fully incorporated under the laws of the Commonwealth of Kentucky __________% of my estate, or the sum of $______________, or the rest and remainder of my estate. I direct that this gift be used to meet the needs of children living in poverty.”
Retirement Plan Beneficiary Language
You may name Supplies Over Seas (Tax ID #54-0536100) as a beneficiary of your IRA or other qualified retirement benefits. Please consult with your tax advisor regarding the tax benefits of such gifts.
Naming Supplies Over Seas as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming Supplies Over Seas as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support Supplies Over Seas free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change of beneficiary form from your plan administrator. When you are done, please return the form to your plan administrator and notify Supplies Over Seas. We can also assist you with the proper language for your beneficiary designation to Supplies Over Seas.
If you or your attorney would like Supplies Over Seas to provide you with customized beneficiary language that is specific to your goal and interest, please contact Tim Toms at 502.736.6360