How to Plan a Legacy Gift in Your Will

Creating an estate plan goes beyond finances and inheritance; it also empowers you to shape future health decisions, provide for your loved ones, and leave a meaningful legacy. By taking a few steps today, you can gain the security that comes from ensuring your loved ones are well-cared for, and all your wishes have been carefully documented.

A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals and benefit the University of New Haven. No other planned gift is as simple to make or as easy to change should you ever need the assets during your lifetime. A bequest can take various forms: it can be a specific dollar amount, a percentage of your estate, or a residual bequest, which encompasses what remains after all specific and general gifts have been distributed.

A bequest may be right for you if:

• You want to make a gift to the University of New Haven.
• You want the flexibility to change your mind.
• You want continued access to your wealth, should you need it.
• You are concerned about outliving your resources.

A gift in your will is a highly effective way to reduce taxes on your estate after death. Additionally, it gives you the satisfaction that the areas you felt strongly about in your lifetime, like the University of New Haven, will continue to receive support even after you’re gone. Click here to review sample bequest language.

                       

We have a new estate planning tool, courtesy of FreeWill, to help you get started on your estate plan for free. This tool makes this process simple, allowing you to complete your plans and gift in under 20 minutes, free of cost. Get started on your free will today.

                       

The Ellis C. Maxcy Legacy Society honors individuals who value higher education and make sustaining the University of New Haven part of their legacy. By joining the other members of the Maxcy Legacy Society, you are affirming that you want part of your legacy to support the education of students at the University of New Haven. Nearly all students receive financial aid from the University, and as a Legacy Society member, you are helping put students on a path to a productive and meaningful life. Learn More.

Already made a gift to the University of New Haven in your will or trust? Fill out this form so we can keep our records current, and thank you for your generosity.

If you are thinking about making a charitable gift to the University of New Haven in your will or other plans, we would be pleased to share more information and discuss options that will best suit your individual needs.

Information is kept confidential, and we respect any desire to remain anonymous.

Lisa Wrubleski
Director of Development, Planned and Major Gifts
Telephone: (860) 478-2870
Email: LWrubleski@newhaven.edu

Please consult your tax advisor for specific advice on your estate planning.