Make us a beneficiary of your IRA or other “non-probate” assets
Why beneficiary designations are so powerful
Assets not included in your will are called non-probate assets. Examples could be 401(k)s, IRAs, life insurance policies, and other accounts. Designating Homes For Our Troops as a beneficiary can have a big impact and may avoid unwanted taxes for your heirs.
Charitable benefits
Common gifted assets for beneficiaries
- IRA
- 401(k)
- Life insurance
- Joint real estate
- Joint bank accounts
- Joint property ownership
Designate Homes For Our Troops as a beneficiary to one or more of your accounts.
We have partnered with FreeWill to offer this free online platform that will walk you through the process of setting up your beneficiaries. These gifts have a big impact and can often prevent unwanted taxation for your heirs.
Planned giving helps fuel our mission
A gift in your will creates a foundation for the future. Our work today is important, but it is equally, if not more important, to ensure that HFOT can continue helping Veterans rebuild their lives well into the future.
We have sponsored our troops heavily with thousands of care packages, but to actually help better the lives of our severely injured, we consider it an honor and privilege. We’ve honored our troops in our lifetime, and in death, it will be our parting gift. There aren’t many charities where you can actually see where your donation goes, and that is what makes HFOT extra special to us.
Joanna Fox and Joel Fox (In memoriam 1939-2023)
Frequently Asked Questions
A non-probate asset is an account or other asset that won’t be governed by the decisions you make in a will. Instead, these accounts commonly have an assigned beneficiary that you choose. Types of non-probate assets include many retirement accounts, life insurance, some bank accounts and some assets (like a house or vehicle) that you jointly own with another person.
The most commonly gifted non-probate asset is an IRA or 401(k). This is because these accounts are always taxed (even for people below the estate tax threshold). Giving these accounts to charity keeps your heirs from having to pay unexpected taxes.
Yes! Even if you have a will in place you still need to designate beneficiaries for your non-probate assets.
Yes! Gifts of any size are deeply appreciated. Many people choose to leave a percentage of their estate, which scales up or down with your estate size.
No. You can usually make these easily and at no cost to you.
Yes. You are always free to revise or update your estate plans.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Already included us in your estate plan? Let us know
More ways to make an impact
Gifts in a will or trust
Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).
Popular tax-smart gifts
Many people are increasingly choosing to give through vehicles such as IRA, DAF, and cryptocurrency, allowing them to make a bigger impact at a lower personal cost.
Gifts that pay you back
Give assets while providing yourself or others with income for a period of time or distributions at a later date.