Legacy Contributions
A planned gift allows you to leave a lasting legacy. By including a bequest in your will, trust, or through a beneficiary designation from an account, you can support ÃÛÌÒÖ±²¥ in a meaningful way. Your bequest can be unrestricted, addressing the university’s most pressing needs, or directed to a specific school, program, or activity at ÃÛÌÒÖ±²¥.
There are several benefits to leaving assets to ÃÛÌÒÖ±²¥. A commitment made today costs you nothing during your lifetime, and other heir of your estate will not be taxed on the portion that ÃÛÌÒÖ±²¥ receives. This way, you leave a powerful legacy at the university and inspire others who share a commitment to ÃÛÌÒÖ±²¥.
Gifts in your Estate Plan
Bequests can be made with cash, securities, real estate, and other property. You may designate a specific dollar amount, a particular asset, a fixed percentage of your entire estate, or leave the residuary estate after providing for loved one. A bequest to ÃÛÌÒÖ±²¥ is fully deductible for federal estate tax purpose, with no limit on the deduction your estate can claim. Additionally, the gift is usually exempt from state inheritance tax.
Contact us at (909) 607-8347 or advancement@kgi.edu to learn more about bequests and discuss your plans.