Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to advocate for MDA families for years to come — and they don’t cost anything now.
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for MDA. Once you have provided for your loved ones, we hope you will consider making access to care and support for MDA families part of your life story through a legacy gift.
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A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
LASTING IMPACT
Your gift will create your legacy of Innovation, education, and advocacy.
FLEXIBLE
You can alter your gift or change your mind at any time and for any reason.
NO COST
Costs you nothing now to give in this way.
Four simple, “no-cost-now” ways to give in your will
General gift
A general bequest is a gift of a specific amount.
Residuary gift
A residuary gift is a gift of all or a percentage of the remainder of your estate after specific bequests and expenses have been paid.
Specific gift
A specific gift is a gift of a particular piece of property. For example, real estate, funds in a bank account or shares of a corporation.
Contingent gift
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to MDA contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in the lives of the people we serve — and it costs you nothing now.
By naming MDA as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of hope for MDA families.
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Potential benefits of gifts by beneficiary designation:
Reduce or eliminate taxes
Reduce or avoid probate fees
No cost to you now to give
Create your legacy with MDA
Types of Gifts
Retirement plan assets
You can simply name MDA as a beneficiary of your retirement plan to accelerate research, advance care, and advocate for the support of our families.
Life insurance policies
You can name MDA as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, MDA will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
Funds remaining in your donor-advised fund
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name MDA as a “successor” of your account or a portion of your account value, you enable us to invest in groundbreaking research.
How to update a beneficiary designation:
Simply contact your bank, retirement plan administrator, insurance company, or other financial institution to request a beneficiary designation form. You may also be able to log in to your account and update your beneficiaries online.
Please use our legal name: Muscular Dystrophy Association, Inc.
Include our tax identification number: 13-1665552
