Beneficiary Designations

beneficiary-designation

“His master replied, ‘Well done, good and faithful servant!” Matthew 25:21

Beneficiary Designations

Naming Mully Children’s Family as a beneficiary on your retirement account or life insurance policy is a simple way to support the lifesaving work of MCF without changing your will. Beneficiary gifts pass directly to MCF without going through probate and can go right to work supporting MCF.

Retirement Accounts (401k, 403b, IRAs other retirement plans)

Individuals who inherit retirement plan assets are usually required to pay income tax on them, so they are often considered among the best assets to leave to a charity. MCF can be named as a beneficiary of all or a specific percentage of your retirement plan

Ask your retirement plan administrator or financial institution for a change of beneficiary form.

 

Please use our legal name, address, Federal tax ID in you plans:

  • Legal Name: Mully Children’s Family USA, Inc.
  • Address: 3000 Old Alabama Road Suite 119-302, Alpharetta, GA 30022
  • Federal Tax ID: 20-4105702

Life Insurance Policies

MCF can be named as a beneficiary of all or a specific percentage of a life insurance policy which is no longer needed for support to your family.

Ask your life insurance agent or insurance company for a change of beneficiary form.

 

Please use our legal name, address, Federal tax ID in you plans:

  • Legal Name: Mully Children’s Family USA, Inc.
  • Address: 3000 Old Alabama Road Suite 119-302, Alpharetta, GA 30022
  • Federal Tax ID: 20-4105702

 

Download the IRS Tax Determination Letter for MCF USA

Bank Investment Accounts

You can leave a legacy by naming MCF as a Transfer-on-Death (TOD) or Payable-on-Death (POD) beneficiary on a bank or investment account. Check with your financial institution to see if this option is available to you.

Sample Language

I give and bequeath to Mully Children’s Family USA, Inc, a not-for-profit corporation, Tax ID # 20-4105702 current mailing address 3000 Old Alabama Road, Suite 119-302, Alpharetta, GA, 30022 [the sum of Dollars ($ )] [ % of the rest, residual and remainder of my estate], to be used for its general charitable purposes.