Charitable Bequest
A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Rhodes that will make a lasting impact.
Charitable Bequest
Property
Donor's Family
Rhodes
Benefits of a Bequest
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy to Rhodes
How does a bequest work?
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Rhodes as part of your estate plan, or you can make a bequest using a beneficiary designation form.
Ways to Leave a Bequest to Rhodes
- Include a bequest to Rhodes College in your will or revocable trust
- Designate Rhodes College as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension)
- Name Rhodes College as a beneficiary of your life insurance policy
Types of Bequests
- Percentage bequest - make a gift of a percentage of your estate
- Specific bequest - make a gift of a specific dollar amount or a specific asset
- Residual bequest - make a gift from the balance or residue of your estate
Contact Us
If you have any questions about leaving a bequest to Rhodes, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Rhodes as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.