Make a Legacy Gift
There really is no single way to make a legacy gift. The approach you choose will depend on many factors, such as your goals and objectives, family situation, and stage in life. For example, you can:
- Make a single, lump sum or series of gifts during your lifetime.
- Make a gift that provides income for yourself or for a loved one now, then benefits the university in the future.
- Make a gift that takes effect after your death. This can be a specific dollar amount, a percentage, of or remainder from your will, trust or other asset (such as your retirement fund, investment account or insurance policy).
Types of legacy gifts include:
- Bequest through a will or living trust
- Charitable gift annuity
- Beneficiary designation on retirement plan assets, brokerage accounts, or donor advised funds
- Charitable remainder trust
- Outright gift of or remainder interest in a personal residence or property
- Gift of a life insurance policy