Bequest

The most flexible and popular method of charitable gift planning is to create a bequest through your will or living trust. A bequest is a gift that comes directly to Husson upon your death. It’s flexible in that it can be revised any time your circumstances change. It can provide life income for someone you wish to remember.  An outright bequest to Husson is fully deductible for estate tax purposes.

The most common and useful bequest is an unrestricted bequest for the general purposes of Husson. This permits the University to use your gift wherever it is most needed. But if there is a particular area you wish to support, the Planned Giving Office will work with you to help ensure that your request is directed effectively.

Bequests typically take one of the following forms:

• a specified dollar amount

•  specified assets, such as securities, real estate, or tangible personal property. 

• retirement account assets, consisting of any benefits remaining in your retirement plan.

• a residuary bequest, in which Husson receives all or a percentage of the remainder of your estate after all other obligations are met.

• a contingent bequest, in which Husson becomes the beneficiary only if the named beneficiary is unable to accept the bequest.

For more information, please contact our Director of Planned Giving for sample bequest language.