How to Include Catholic Radio Indy in Your Will
By including Catholic Radio Indy in your will you can be assure that Catholic Radio Indy will continue to help spread the Word of God all over central Indiana and beyond even after your passing. It is easy to do.
To make a Specific Bequest
Simply include language similar to this in your will: I leave Inter Mirifica, Inc. dba: Catholic Radio Indy, Indianapolis, Indiana, Tax ID # 35-2065638, the amount of $ ______ for its general purposes.
To Donate Real Estate by Will
Include language similar to this in your will: I leave to Catholic Radio Indy the following real estate property (property description). I direct my Executor/Personal Representative to sell this property and distribute the proceeds to Inter Mirifica, Inc., dba: Catholic Radio Indy, Indianapolis, Indiana, Tax ID 35-2065638, for its general purposes.
Residuary Request by Will
“Residue” is a term that describes the portion of your estate that remains after all debts, expenses and specific bequests to others have first been fulfilled. To bequeath the residue of your will to Catholic Radio Indy, include language similar to: All the rest, residue and remainder of my estate I give to Inter Mirifica, Inc., dba: Catholic Radio Indy, Indianapolis, Indiana, Tax ID 35-2065638, for its general purposes.
How to Donate Stocks, Bonds, Mutual Funds
Gifts of appreciated securities—including publicly traded and privately held stock and mutual funds—offer a two-fold tax savings as you are entitled to take a charitable deduction for the full current value of appreciated securities (held longer than one year), and also are able to avoid paying the capital gains tax that would be due if you sold the securities.
To initiate a transfer of securities held by a brokerage or commercial bank, notify your broker or bank that you intend to electronically transfer the securities to Inter Mirifica, Inc., dba Catholic Radio Indy.
Catholic Radio Indy Account
Marian Investor Coaching, Inc.
698 Oldefield Commons Drive, Suite 1
Greenwood, IN 46142
Contact: Bryan Weiss
(317) 888-9465
[email protected]
Account Name: Inter Mirifica, Inc. dba: Catholic Radio Indy
Account #: Available upon request
DTC #: Available upon request
Inter Mirifica Inc., dba: Catholic Radio Indy is a 501-(c)-3 Not-for-Profit
Federal Tax ID: 35-2065638
BENEFICIARY DESIGNATION
LIFE INSURANCE, IRA, 401k, or
OTHER PENSION/RETIREMENT PLANS
A will typically does not dispose of assets such as life insurance and pension plans, which usually pass by “beneficiary designation.” A beneficiary designation is a contract between you and your insurance company or pension plan administrator to transfer the asset at your death to the person(s) or institution(s) you have designated. Your initial designation was done in the paperwork you completed to establish the account, however the beneficiary can be changed whenever you wish.
To designate Catholic Radio Indy as the beneficiary of some or all of such an asset, you should contact your insurance company or plan administrator and request a “change of beneficiary” form, which you can complete and return to them.
PAYABLE ON DEATH (POD)
TRANSFER ON DEATH (TOD) DESIGNATIONS
By setting up a POD or TOD designation on your bank accounts, certificates of deposit or brokerage accounts, you can transfer these assets at your death to the person(s) or charities that you name. To set up a POD or TOD designation, contact your bank or investment advisor to fill out their beneficiary designation forms.
If you designate Catholic Radio Indy as the beneficiary of any of your plans or accounts, please use our legal name; Inter Mirifica, Inc., dba: Catholic Radio Indy, Indianapolis, Indiana, and Federal Tax ID 35-2065638 in lieu of social security number for an organization.
Always consult your professional advisor when making or revising your will. In addition to the above steps, please notify Catholic Radio Indy General Manager Gordon Smith 317-870-8400, to ensure that your gift is properly received and attributed.