A bequest can serve as a great vehicle for a planned gift.
Donors may include the University of Montevallo Foundation in their will
or estate plan for a specific amount or a percentage of their
estate. Donors can also name the Foundation as the residual beneficiary
of their estates after payment of bequests to others.
One significant benefit of making a bequest gift includes the fact that a donor does not have to part with any money until he or she dies, and does not owe any estate tax on the amount of the bequest. There are different ways bequests may be established. For your convenience, here are some examples of bequest language available.
The information contained on this web page is not intended as legal or tax advice. Donors should, therefore, consult with their personal advisors for such advice.