FundSvcs Community

How would you handle this scenario

A donor signs a transfer of death agreement.  When he passes we call to see how to get the funds and were told that the account was closed and there is no funds.  The spouse did not sign this agreement.  The spouse has signed a transfer of death agreement for a lesser amount.  Would you adjust the prior agreement to 0 and then add a new gift or decrease that gift to the lesser amount? 

Thank you.

Dina

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

How would you handle this scenario

A donor signs a transfer of death agreement.  When he passes we call to see how to get the funds and were told that the account was closed and there is no funds.  The spouse did not sign this agreement.  The spouse has signed a transfer of death agreement for a lesser amount.  Would you adjust the prior agreement to 0 and then add a new gift or decrease that gift to the lesser amount? 

Thank you.

Dina

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

Thanks John

Would you count the new gift in your fundraising totals? 

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

How would you handle this scenario

A donor signs a transfer of death agreement.  When he passes we call to see how to get the funds and were told that the account was closed and there is no funds.  The spouse did not sign this agreement.  The spouse has signed a transfer of death agreement for a lesser amount.  Would you adjust the prior agreement to 0 and then add a new gift or decrease that gift to the lesser amount? 

Thank you.

Dina

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

Thanks John

Would you count the new gift in your fundraising totals? 

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.

How would you handle this scenario

A donor signs a transfer of death agreement.  When he passes we call to see how to get the funds and were told that the account was closed and there is no funds.  The spouse did not sign this agreement.  The spouse has signed a transfer of death agreement for a lesser amount.  Would you adjust the prior agreement to 0 and then add a new gift or decrease that gift to the lesser amount? 

Thank you.

Dina

Dina Sorrentino, bCRE-Pro , bcRE-NXT
Sr. Director for Advancement Services and Research
Office: 941-359-7593 | Cell: 941-266-1227
dsorrent@ringling.edu | www.ringling.edu

Turning passion into profession

This transmission may contain information that is privileged, confidential and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you.