Skip to main content

Make us a beneficiary of your IRA or other “non-probate” assets

Plan your beneficiaries

Why beneficiary designations are so powerful

Assets not included in your will are called non-probate assets. Examples are 401(k)s, IRAs, life insurance policies, and other accounts. Designating the Lasell University as a beneficiary can have a big impact and may avoid unwanted taxes for your heirs.

Charitable benefits

Receive an estate tax charitable deduction
Reduce the burden of taxes on your family
Continue to use assets or property during your lifetime
Leave a lasting legacy to Lasell University

Common gifted assets for beneficiaries

  • IRA
  • 401(k)
  • Life insurance
  • Joint real estate
  • Joint bank accounts
  • Joint property ownership

Designate Lasell University as a beneficiary to one or more of your accounts.

We have partnered with FreeWill to offer this free online platform that will walk you through the process of setting up your beneficiaries. These gifts have a big impact and can often prevent unwanted taxation.


Plan for Impact: Your future is their future

You can inspire and support students in their pursuit of meaningful lives and careers with a planned gift. A few simple steps on your end can significantly enhance that experience for the next generation of students. It’s a win for you, your family, your legacy, and Lasell.

A Will To Give Back: L. Angel Morales

L. Angel Morales ’13 is no stranger to generosity. In fact, it’s the philanthropy and communal support he received as a Lasell student that have motivated him to become the institution’s youngest alumnus to participate in planned giving. Angel will establish his legacy at Lasell College with a provision in his will. At 32, he reflects back on his time at Lasell as a pivotal point in his life. “The dedicated faculty at Lasell will go above and beyond what you could ever expect, as long as you work hard,” he says.

Angel grew up in Guatemala until his family moved to Waltham when he was 12. He thrived during his two years at Lasell after transferring from another college. A combination of generous financial aid and support from the college community — including alumni and friends of the college — helped him to both stay in the Fashion and Merchandising program and graduate with a 4.0 GPA. Angel immersed himself in the community as a student and cites Lasell’s openly inclusive campus as an incentive to participate in many activities. His proudest moments out of the classroom took place behind the scenes at Polished, where he served as managing editor, and at the college’s runway shows.

Immediately after graduation, he worked for the Sharf Marketing Group in Chestnut Hill to produce 100 Years of Fashion, among other projects that took him to England and back to research illustrations and artwork from the Jean S. and Frederick Sharf collection.

As a visual designer and operations manager at Talbots, he constantly reflects on the support he received at Lasell to make his undergraduate experience — and thus, his career — a possibility. He is humbled to be able to pay it forward to a new generation of students who might not be able to achieve their goals without philanthropic support.

“I am extremely appreciative of the support I received and I want future students to benefit in the way I did,” he tells Leaves. “Giving back is the ultimate experience, and I am grateful that I can pay it forward to support the next generation of Lasell students.”

Angel and his spouse Kurt Heinrich, an economist, live in Boston’s South End where they play an active part in the local community. They enjoy traveling abroad and spending time on the beaches of Cape Cod.

Read more

Frequently Asked Questions

A non-probate asset is an account or other asset that won’t be governed by the decisions you make in a will. Instead, these accounts commonly have an assigned beneficiary that you choose. Types of non-probate assets include many retirement accounts, life insurance, some bank accounts and some assets (like a house or vehicle) that you jointly own with another person.

The most commonly gifted non-probate asset is an IRA or 401(k). This is because these accounts are always taxed (even for people below the estate tax threshold). Giving these accounts to charity keeps your heirs from having to pay unexpected taxes.

Yes! Even if you have a will in place you still need to designate beneficiaries for your non-probate assets.

Yes! Gifts of any size are deeply appreciated. Many people choose to leave a percentage of their estate, which scales up or down with your estate size.

No. You can usually make these easily and at no cost to you. 

Yes. You are always free to revise or update your estate plans.

We’re here to help you meet your goals!

Our team would be happy to speak with you in confidence about your giving goals, with no obligation.

Name: Terri Houston

Title :Philanthropy and Engagement Officer

Phone: 508-360-3002

Email: thouston@lasell.edu

Sarah Neill

Assistant Vice President for Alumni Engagement and Philanthropy

Phone: 617-243-2282

Email: sneill@lasell.edu

Already included us in your estate plan? Let us know

Please enter your first name.
Please enter your last name.
Please enter your email address.
Please select an inquiry.
Please enter a message.

More ways to make an impact

Gifts in a will or trust

Donations in your will or trust are (by far) the most popular type of planned gift. Learn more, or get help starting your will (for free!).

Learn more

Popular tax-smart gifts

Many people are increasingly choosing to give non-cash assets, so they can have a bigger impact at less cost to them.

Learn more

Gifts that pay you back

Give assets while providing yourself or others with income for a period of time or distributions at a later date.

Learn more