Gifts from Retirement Plans at Death

Gifts from Retirement Plans at Death Diagram. Description of image is listed below.

How It Works

  1. You name Cranbrook as beneficiary for part or all of your retirement-plan benefits
  2. Funds are transferred by plan administrator at your death

Benefits

  • No federal income tax is due on the funds that pass to Cranbrook
  • No federal estate tax on the funds
  • You make a significant gift for the programs you support at Cranbrook

Special note: Call or e-mail us to tell us of your intent, and we will assist you with the details of the transfer.

 

Contact Us

Katja Thomakos, CFRE
Cranbrook Educational Community
Office of Advancement
248.645.3220
kthomakos@cranbrook.edu

Cranbrook Educational Community
P.O. Box 801
Bloomfield Hills, MI 48303-0801

Federal Tax ID number: 38-2015048

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