Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to save lives today and tomorrow for years to come — and they don’t cost anything now.
If you have already included a gift in your estate plans to benefit the future of Moffitt, be sure to let us know so that we may best honor your wishes.
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 Moffitt. Once you have provided for your loved ones, we hope you will consider making Moffitt’s mission of defeating cancer part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
Your gift will create your legacy of providing critical care and support for patients and their families.
You can alter your gift or change your mind at any time and for any reason.
Costs you nothing now to give in this way.
Four simple, “no-cost-now” ways to give in your will
A general bequest is a gift of a specific amount.
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Moffitt or your local council 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 lifesaving cancer treatments — and it costs you nothing now.
By naming Moffitt as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of revolutionizing cancer research and care.
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 Moffitt
Types of Gifts
Retirement plan assets
You can simply name Moffitt Cancer Center as a beneficiary of your retirement plan to fight cancer.
Life insurance policies
You can name Moffitt Cancer Center as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Moffitt 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
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Moffitt Cancer Center (Tax ID: 59-3238636) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward providing groundbreaking cancer treatment for generations to come.
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 Moffitt Cancer Center as a “successor” of your account or a portion of your account value, you drive scientific innovation and discovery that gives renewed hope to cancer patients.
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: H. Lee Moffitt Cancer Center and Research Institute Foundation, Inc.
Include our tax identification number: 59-3238636