Beneficiary Designation

Ignite change effortlessly through a beneficiary designation – it’s as simple as filling out a form. Tailor your impact by specifying individuals and charities, designating a percentage of assets to each beneficiary. Your personalized touch ensures a lasting legacy, making a profound impact.

For more information, please contact us at (310) 401-9387 or Development@ChangeLives.org.  

Disclaimer: The information on this site is intended to assist you in your charitable planning. It is not legal advice and should not be relied upon as such. Please consult with your attorney or other advisor for professional advice and to discuss how this information can benefit you as your consider your financial and philanthropic goals.

Consider a Beneficiary Designation for the following types of accounts:

Bank Accounts

Directly impact lives by designating Chrysalis as a beneficiary of your bank accounts. Easily arrange this by instructing your bank and completing the provided beneficiary designation form. You may even be able to complete the form through your account(s) online!

Retirement Assets

Streamline your legacy planning by designating Chrysalis as a beneficiary of your retirement assets, such as IRA or 401(k). No need to modify your will or living trust—simply request and complete a new beneficiary designation form from your plan administrator.

Tax-Wise Considerations: A gift of retirement assets not only simplifies the process but is also tax-wise. Unlike other assets subject to income tax upon distribution, leaving retirement assets to Chrysalis ensures 100% of the funds benefit its charitable purposes, avoiding potential tax challenges for designated beneficiaries.

Life Insurance

Extend your support through life insurance by designating Chrysalis as a recipient. Contact your insurance company to ask how to allocate a portion of all of the death benefit to Chrysalis.

Commercial Annuity Contracts

Optimize the remaining value of commercial annuities by designating Chrysalis as a beneficiary. Simply complete the appropriate form provided by the insurance company to allocate all or part of the remaining amount.

Investment Accounts

Leave a lasting impact by instructing your investment company to transfer holdings to Chrysalis upon your passing. Consult your broker or agent for the straightforward process, which may involve adding “T.O.D. to The Chrysalis Center” after your name on the account.