Upgrade your browser to improve your experience. See recommended browsers

Planning for the future

Fidelity Charitable in an Estate Plan

By naming Fidelity Charitable in your will or as a beneficiary to a qualified insurance policy, retirement plan or charitable trust, your legacy of giving can live on indefinitely. This can help reduce or even eliminate the burden of estate tax for your heirs and your Giving Account can continue to support the charities you love. See below for details, and talk to your advisor to learn more.

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.

Language for a bequest in your will (PDF) 1 Fidelity 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 retirement plan or life insurance policy

Life insurance policies and retirement plans, like IRAs and 401(k)s, often end up being the most valuable assets in a person's estate. To move these assets out of a potentially high-tax situation, you can name Fidelity Charitable as either their sole beneficiary, or one of multiple beneficiaries. Talk to your life insurance provider and retirement plan administrator about making these changes.

Language for IRAs, 401(k)s, and other qualified plans (PDF)

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.

Language for distribution from a trust (PDF)

Ready to get started?

Establishing your Giving Account is easy and only takes 5 minutes.

All you need is your Social Security number and, when you're ready, a $5,000 minimum donation.

Set up a Giving Account

Or call us at 1-800-262-6039