Beneficiary Designations

Updating your beneficiary designations is often the easiest and most tax-efficient way to include DOVE International in your estate plans. With just a simple form, you can direct retirement accounts, life insurance, and other assets to support God's kingdom.

Why Use Beneficiary Designations?

Simple Process

Beneficiary designations offer an incredibly straightforward approach to legacy giving. One simple form updates everything without requiring an attorney, and changes take effect immediately with no waiting for estate settlement. Your assets transfer directly to beneficiaries, avoiding probate entirely, and you can easily update your designations anytime during your lifetime as circumstances change.

Significant Tax Advantages

  • No estate taxes on amounts going to charity
  • Avoids income taxes that heirs would pay on retirement accounts
  • May reduce overall estate tax burden
  • Retirement accounts are ideal for charitable giving

Required Information for DOVE

When updating your beneficiary forms:
  • Legal Name: DOVE International
  • Address: 11 Toll Gate Road, Lititz, PA 17543
  • Tax ID: 23-2762420
  • Relationship: Charity/Organization
Common Strategies
  • 100% to family, DOVE as contingent
    Provides backup for your charitable intentions
  • Percentage split
    Example: 90% to family, 10% to DOVE
  • Retirement accounts to charity
    Use tax-inefficient assets for giving, preserve other assets for family

Accounts for Beneficiary Designations

Retirement Accounts

Most Tax-Efficient Legacy Gifts
  • Traditional IRAs and 401(k)s
  • 403(b) and other employer plans
  • Family pays income tax - charity receives tax-free

Life Insurance Policies

Flexible Legacy Options
  • Name DOVE as primary or contingent beneficiary
  • Split benefit between family and charity
  • Immediate impact upon your passing

Investment Accounts

Transfer on Death (TOD) Designations
  • Brokerage accounts with stocks, bonds, funds
  • Avoids capital gains taxes on appreciated assets
  • Kingdom impact reporting

Next Steps

Ready to update your beneficiary designations? Our team will help you understand which accounts provide the best tax advantages and guide you through the update process.

Legacy & Planned Giving

Brian Sauder – Legacy Giving Specialist
Phone: 717.627.1996
Email: legacy@doveinternational.com

Main Menu
Visit Us
11 Toll Gate Road
Lititz, PA 17543 USA
Call Us

(717) 627-1996

Email Us
info@doveinternational.com