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Charitable Bequest

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Boston University that will make a lasting impact.

Charitable Bequest
Property
Donor's Family
BU
Charity image

How a bequest works

A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Boston University as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Benefits of a bequest

  • Receive an estate tax charitable deduction
  • Reduce the burden of taxes on your family
  • Leave a lasting legacy to charity

Ways to leave a bequest to Boston University

  • Include a bequest to Boston University in your will or revocable trust
  • Designate Boston University as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
  • Name Boston University as a beneficiary of your life insurance policy

Types of Bequests

  • Percentage bequest - make a gift of a percentage of your estate
  • Specific bequest - make a gift of a specific dollar amount or a specific asset
  • Residual bequest - make a gift from the balance or residue of your estate
  • Contingent Bequest - make a gift from your estate if the purpose of the primary bequest cannot be met.
Click here to review sample bequest language.

Contact us

If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Boston University as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.

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© 2017 Crescendo Interactive, Inc. PRIVACY STATEMENT
This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice.
For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.