Gifts
Through Your Will
Would
you like to do something good for Shippensburg? For SU alumni, parents and
friends, the bequest is the most popular form of planned gifts. Bequests
account for a significant portion of the
Advantages
of making a bequest:
·
Charitable
gifts made through your will are deductible for estate tax purposes.
·
A bequest
may place your estate in a lower tax bracket.
·
If you
wish to establish a scholarship or other endowment fund through your will,
you can request that it be named for you or anyone you wish to honor.
·
When you
notify
How
do I make a bequest to
·
Specify
a certain dollar amount
to go to
·
Earmark
certain assets
such as property, artwork or stock to come to
·
Commit
a percentage of the value of your estate
to
·
Make
a residual bequest
of all or a portion of the remainder of your estate after payment of debts
and expenses. Example:
I give the remainder of the property I own at my death, after all debts,
taxes, expenses and other bequests have been paid, to Shippensburg
University Foundation, to be used where it is most needed.
·
Restricted
Bequests -
The samples of bequest language above are designed to provide unrestricted
gifts, whereby the Foundation would use the gift where it is most needed.
However, you may prefer to restrict your bequest for a specific purpose.
For example, if your bequest will be worth $25,000, you can establish a
named scholarship that will provide financial support for future
If
you would like to establish a scholarship or other restricted gift, please
contact the Shippensburg University Foundation aqt
· Making a Gift of Cash (Online, Check, Credit Card)
· Gifts of Retirement Plan Assets
