Many legacy gifts, such as a bequest in your will, cost you nothing now. Other types of legacy gifts can provide increased income to you or your loved ones. You may also want to explore the tax advantages of donating real estate, an insurance policy or a portion of your retirement plan.
Consider the legacy that you wish to leave to the UNH. You can create a plan that will make a substantial gift more affordable, and, at the same time, preserve – or even enhance – your financial well-being.
Popular legacy gift plans include:
- Designating a bequest in your will. If you are making a new will, you can simply include the University of New Haven among the beneficiaries of your estate. If you already have a will, you can make UNH a beneficiary of your estate through a simple addition called a codicil. Click here to see sample bequest language.
- Naming UNH as the beneficiary of an insurance policy, an Individual Retirement Account or another retirement plan.
- Establishing a charitable trust that will provide lifetime income for one or two individuals, with UNH receiving the remainder when the trust terminates.
- Giving a residence to UNH, while retaining lifetime use.
We can work with you, your family and your financial advisers to help you create a plan that meets both your financial and philanthropic goals. Please contact Bob Congdon, director of development, at 203-479-4295 or firstname.lastname@example.org to request more information about establishing a legacy gift or to notify us of an existing arrangement.
The Ellis C. Maxcy Legacy Society celebrates individuals and families who have planned legacy gifts that will benefit our students and the University in the future. If you have already included UNH in your will or estate plans, please click here to complete our Maxcy Society membership form so we can welcome you into this distinguished group of donors.