Roy, a devoted donor to the Christian Reformed Church in North America (CRCNA), decided to make a lasting impact through planned giving. He opted for a cash gift payable on death, using the Payable on Death (POD) option as part of his financial planning strategy.
Setting up a POD bank account or certificate of deposit, Roy designated CRCNA as one of the beneficiaries to receive the funds upon his passing. However, until that time arrives, he maintains full control over the account, allowing him to manage the funds according to his needs and desires.
For Roy, this arrangement provides peace of mind, knowing that he's leaving behind a legacy that supports the mission of CRCNA, a cause close to his heart. It's a simple yet powerful way for Roy to make a lasting impact and ensure that his contributions continue to benefit CRCNA and its important work in the community even after he's gone.
In choosing the POD option, Roy encourages others who share his passion for supporting charitable causes to consider this method of planned giving. It's a practical way to leave a meaningful legacy and support the causes that matter most.