Bequest
A gift made through your will or trust, also called a “bequest,” is one of the most popular and flexible ways to make a significant gift to help TNIU further its mission.
What are the benefits of making a bequest?
1. You leave a lasting legacy to be remembered.
2. You lessen the burden of taxes on your family.
3. You may receive estate tax savings.
How do I make a bequest?
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or TNIU as part of your estate plan.
What are my options?
A bequest can be made in several ways:
You can gift a specific dollar amount or asset.
You can gift a percentage of your estate.
You can gift from the balance or residue of your estate.
You can make a beneficiary designation of certain assets.
Your bequest may be designated for a specific purpose, such as a scholarship or specific program. Conversely, gifts may be designated as unrestricted to help the university address needs that cannot be foreseen today.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor.