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
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.
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.