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Planned gifts are an opportunity to leave an enduring legacy at the College. Planned gifts include life insurance policies, wills and bequests, as well as other life income arrangements.

Bequests

Bequests are contributions made through a donor's will, trust or retirement plan. A bequest provides for the College's future while the amount of the bequest is deducted from the taxable portion of the estate. Including the College in your will today provides for the College tomorrow.

Trusts

A charitable remainder trust distributes income to you and/or other beneficiaries for your/their lifetime for a specified number of years, not to exceed 20. The balance of the assets will be distributed to the College at the conclusion of the trust. There are two forms of remainder trusts:

• The Unitrust pays a set percentage of the current value of the unitrust, determined annually. The payout rate is selected by the donor but must be at least 5%.
• The Annuity Trust pays income based on a percent of the trust and never changes. This trust provides an absolutely fixed amount each year, regardless of fluctuations in the market.

Learn more about planned giving: Major James Lide Coker Society