Beneficiary designations
Beneficiary designations are one of the easiest ways to give.  All that’s needed is to fill out a beneficiary form from your bank for an account or CD; your IRA, 403(b), or 401(k) plan; or your life insurance company to allow funds to pass directly toRocking the Boat upon your passing. This method may bypass the probate process, simplifies estate administration, and has potential income and estate tax benefits savings for your heirs. 

Bequests
Another simple way to give is through a bequest in your will.  You may create a new will or update your existing will with the help of your legal counsel.  This gift may be for a dollar amount, a percentage, or a remainder of your estate.  See below for specific terminology to incorporate in your will.  You are always welcome to get in touch with Jaye Pockriss, Chief Operating Officer, at jaye@rockingtheboat.org for a conversation.

Trusts
You may be able to create a trust in exchange for your assets that can provide regular payments and tax benefits for you and your family.  These may include a charitable remainder trust, charitable lead trust, or revocable trust.

Below is suggested language to use when drafting your bequest or beneficiary designation.

For an unrestricted gift that allows Rocking the Boat to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:

 
If you would like to designate your provision for Rocking the Boat to use for a specific purpose and/or geography, please contact us so we can best understand your philanthropic intent and provide tailored language for your will and/or trust.

If you have already created a planned gift, please let us know so we can acknowledge your generosity. If you are interested in exploring how your philanthropic goals might align with Rocking the Boat's mission, we welcome the opportunity to share information or start a confidential, no-obligation conversation with you about funding opportunities. Please contact Jaye Pockriss, Chief Operating Officer, at jaye@rockingtheboat.org.

Legal Designation: Rocking the Boat, a 501(c)3 nonprofit created under the New York State Not-for-Profit Corporation Law (EIN:13-4177814) and located at 812 Edgewater Road, Bronx, NY 10474.  

Rocking the Boat provides general information about estate planning but is not an estate or financial advisor. Because many variables can change the specifics of planned gifts, donors should review their personal estate and financial circumstances and objectives with their attorney and/or financial advisor.