Designating Raphael House as a Beneficiary
A beneficiary designation to Raphael House of Portland is an easy and significant way to help us create a community free of violence. After your lifetime, any assets you designate will transfer directly to Raphael House without going through probate.
Beneficiary designations can be made for:
- Life insurance policies
- Retirement plans, such as an IRA, 401(k), 403(b), etc.
- Bank and brokerage accounts, and other types of deposit and investment accounts (if allowed by state law and offered by your financial institution – please check with your estate planning attorney or other representation)
Designating Raphael House as a beneficiary requires that you contact your insurance company, employer, or the company that manages your retirement plan, request a beneficiary designation form, complete it, and return it. You may designate Raphael House as a primary or secondary beneficiary of all or just a percentage of your policy, plan, or account.