Continue your legacy of charitable giving by naming Fidelity Charitable in your estate plan

By naming Fidelity Charitable in your will or as a beneficiary to a qualified insurance policy, retirement plan, or charitable trust, you can extend your support of the charities you love. Plus, reduce—or even eliminate—the burden of estate tax for your heirs by considering the following options:

Bequests to Fidelity Charitable in your will

Charitable bequests are an easy way to leave money to charity in your will. Simply specify a dollar amount, a percentage of your estate, or specific assets or real estate1 you wish to bequeath to Fidelity Charitable. Such bequests are generally allowed as charitable deductions in determining the net value of the taxable estate, and no limitations are imposed on the total amount that can be deducted for qualified charitable gifts against the estate tax.

1Fidelity Charitable generally does not accept non-publicly traded assets or tangible personal property by will unless the estate will liquidate the assets and distribute cash to Fidelity Charitable.

Beneficiary of a qualified retirement plan or life insurance policy

Retirement plans and life insurance policies often end up being the most valuable assets in your estate.

To move these assets out of a potentially high-tax situation and into one that may result in significant tax savings, you can name Fidelity Charitable as either the sole beneficiary or one of multiple beneficiaries of:

  • An individual retirement account
  • A 401(k) or other qualified retirement plan
  • A life insurance policy
  • An annuity contract

Talk to your life insurance provider and retirement plan administrator about making these changes.

Beneficiary of a charitable trust

You can also name Fidelity Charitable as the beneficiary of a charitable remainder or charitable lead trust. If you have an existing charitable trust and it is set up to benefit a different charitable organization, you may be allowed to change the beneficiary to Fidelity Charitable. This can provide the flexibility to support a greater variety of charities beyond the term of the trust, diversifying your charitable giving.

Sample language to use in estate planning documents

Information for adding Fidelity Charitable as your beneficiary

Depending on the amount of space available on your beneficiary designation form, you may need to use abbreviations.

  • Full legal name for Fidelity Charitable: FIDELITY INVESTMENTS CHARITABLE GIFT FUND
  • Tax ID: 11-0303001
  • Mailing Address: Fidelity Charitable, PO Box 770001, Cincinnati, OH 45277-0001

Ready to get started?

Call us at 1-800-262-6039 to learn more about estate planning and the several approaches you can take so that your Giving Account continues to support the charities you love.