The Seven Deadly Sins of Beneficiary Designations - #7

Deadly Sin #7: Do Not Be Afraid to Include a Charity as a Beneficiary

If you want to make a difference in the world, you can designate a non-profit organization as your beneficiary. By doing this, the organization will get 100% of the funds, and the IRS will not take any of the money going to the non-profit organization. Be sure to notify the non-profit organization of your intentions so they can tell you how to set it up properly.