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Open Mic 08/06
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LEAVE A LEGACY: PLANNED GIVING

TOSCO MUSIC: GIFTS BY WILL

This is one of the most important ways to support a sustainable future for Tosco Music. You can choose to leave:

A stated dollar amount

A percentage of your residual estate (what remains after gifts to loved ones and expenses have been paid), or

A specific asset, such as securities or other marketable property

How do I leave Tosco Music in my will?

Legal name: Tosco Music Parties
Address: PO Box 9483, Charlotte, NC 28299-9483
Federal tax ID#: 56-2135861


This sample language may be useful:

"I give and bequeath to Tosco Music, PO Box 9483, Charlotte, NC 28299-9483 [the sum of __________ Dollars ($____)] [ _______ % of the rest, residue and remainder of my estate], to be used for its general charitable purposes."

Notifying Tosco Music
We hope you’ll let us know when you have named us in your will or trust so that we can thank you and include you in our Legacy Society.

NAME TOSCO MUSIC AS A BENEFICIARY

Naming Tosco as a beneficiary on your retirement account or life insurance policy is a simple and powerful way to support the work of our organization without changing your will or living trust. Beneficiary designation gifts pass directly to us without going through the probate process and go right to work to help us build community through music.


Retirement accounts

Many of our donors name us as a beneficiary of all or a specified percentage of their IRA, 401(k), 403(b), or other retirement plan.

Individuals who inherit retirement plan assets are usually required to pay income tax on them, so they're often considered among the best assets to leave to charity.

How to name Tosco Music as a beneficiary on your retirement accounts

Ask your retirement plan administrator or financial institution for a change of beneficiary form.

Please list us as:
Legal Name: Tosco Music
Address: PO Box 9483, Charlotte, NC 28299-9483
Federal Tax ID #: 56-2135861

Other ways to name Tosco as a beneficiary

Bank and investment accounts & commercial annuities

You can leave a legacy by naming us as a Transfer-on-Death (TOD) or Payable-on-Death (POD) beneficiary on a bank or investment account, or a commercial annuity. Check with your financial institution to see if this option is available to you.

Life insurance policies

If you have a life insurance policy that is no longer needed for your family, designating Tosco Music as a beneficiary is a simple way to support our work.

FOR MORE INFO & BEQUEST NOTIFICATION FORM

If you have questions, please contact Christen Hoover, Director of Development, at 704-609-6403 or christen@toscomusic.org

BEQUEST NOTIFICATION FORM