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A Gift in Your Will: Getting Started

Learn More
We hope you'll consider including a gift to Concord University Foundation in your will or living trust. Called a charitable bequest, this type of gift offers these main benefits:

  • Simplicity. Just a few sentences in your will or trust are all that is needed. Share the sample bequest language for Concord University Foundation with your estate planning attorney:

    "I give, devise, and bequeath to Concord University Foundation, Inc. TAX I.D. #55-0551303, all [or state the fraction or percentage] of the rest, residue, and remainder of my estate, both real and personal."
    or use
    "I give, devise, and bequeath _____ [$] or [%] _______ to Concord University Foundation, Inc. TAX I.D. #55-0551303."

  • Flexibility. Because you are not actually making a gift until after your lifetime, you can change your mind at any time.
  • Versatility. You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to us.
  • Tax Relief. If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift's full value.

Question MarkWe understand.
Your circumstances may change and you can change your gift at any time.

How It Works
To make a charitable bequest, you need a current will or revocable living trust.

Your gift can be made as a percentage of your estate. Or you can make a specific bequest by giving a certain amount of cash, securities or property. After your lifetime, Concord University Foundation receives your gift.


Charitable Bequest
1
Create a will or trust leaving part of your estate to family and part to Concord University Foundation.
Your Will or Trust
2
Family
Your Family
3
Your death
Concord University Foundation, Inc.
Putting Your Family First
When planning a future gift, it's sometimes difficult to determine what size donation will make sense. Emergencies happen, and you need to make sure your family is financially taken care of first. Including a bequest of a percentage of your estate ensures that your gift will remain proportionate no matter how your estate's value fluctuates over the years.

eBrochures
Download a free guide about making your first will.

We Can Help
Contact Lisa Moore at 304.384.6056 or lharkins@concord.edu with any questions about naming Concord University Foundation in your will or living trust. We're happy to help, without obligation.







Copyright © The Stelter Company, All rights reserved.

The information on this website is not intended as legal or tax advice. For legal or tax advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes apply to federal taxes only. State income/estate taxes or state law may impact your results.