Gifts in a Will
A gift in your will is one of the easiest ways to create your legacy in the support of Soldiers, both active and retired, who’ve served our country.
- No cost: Costs you nothing now to give in this way;
- Flexible: You can alter your gift or change your mind at any time and for any reason;
- Lasting impact: Your gift will create your legacy in the financial well-being of Soldiers and their Families, now and for generations to come.
4 simple ‘no-cost-now’ ways to give in your will
1. Making a general gift in your will Leaves a gift of a stated sum of money in your will or living trust. For example, you might decide to leave each of your favorite charities $10,000. It’s considered to be ‘general’ because it doesn’t specify from where the money comes.
2. Giving the remainder of an estateLeaves what is left over after all other debts, taxes, and other expenses have been paid.
3. Giving a specific amount Leaves a specific dollar amount, percentage, fraction, or specific items (collections, art, books, jewelry, and so on).
4. Making AER a contingent recipient Leaves a stated amount or share only if a spouse, family member or other heir/beneficiary does not live longer than you. In other words, your gift is contingent upon whether or not they survive after you.
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to AER contingent upon the survival of your spouse.
View Sample Language for Your Will or Trust
Gifts by Beneficiary Designation
By naming AER as a beneficiary of bank accounts, retirement funds, savings bonds, and more, you reinforce the mission of “Helping the Army Take Care of its Own.” Your gift is essential to the continuing success and vital work we do on your behalf.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes on retirement assets;
- Reduce or avoid probate fees;
- No cost to you now to give;
- You add to your legacy to be remembered by with AER.
To name AER as a beneficiary of your retirement plan, contact your bank or insurance company to see whether a change of beneficiary form must be completed.
How to change a beneficiary designation
1. Login to your account or request a Change of Beneficiary Form from your custodian (the business holding your money or assets).
2. Follow the links to change your beneficiary or fill out the form.
3. Be sure to spell the name of our organization properly: Army Emergency Relief
4. Include our tax identification number: 53-0196552
5. Save or submit your information online or return your Change of Beneficiary Form.
Types of Funds to Give
Bank accounts, brokerage accounts or certificate of deposit (CD)
Donor-Advised Fund (DAF) residuals