Before getting started, consider what you wish to support on campus and the type of bequest you wish to leave:
Specific Bequest: You may designate a specific dollar amount or property such as real estate, securities or artworks that you wish to leave to the university.
Residual Bequest: You may donate all or a portion of your estate to the university after all debts, taxes, expenses and other bequests (gifts to loved ones) have been paid.
Bequests are tax creditable. Your estate receives a donation receipt for the value of your bequest, which can substantially reduce or even eliminate taxes owing at the time of. For more information, please see Tax Benefits of Estate Gifts.