In many states, it is possible to specify that whatever remains in bank accounts becomes a charitable gift that will pass free of estate tax and outside the probate process. This can be accomplished by filling out a simple change of beneficiary form.

Your financial planner or accountant can provide more details of the financial benefits of various types of charitable trusts.

You may decide to support CAP through gifts from a life insurance policy or any amount remaining in a retirement account beyond what you would like your family or others to receive. Just request a change of beneficiary form to make your instructions known.