Wills and Bequests
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or Cleveland State University as part of your estate plan, or you can make a bequest using a beneficiary designation form. When you leave CSU as a beneficiary in your will or trust, you may receive estate tax savings and lessen the burden of taxes on your family. Also, leaving CSU in your will or trust is revocable in case your plans change in the future.
A bequest may be made in several ways
- 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
You can also designate Cleveland State University as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension), or name Cleveland State as a beneficiary of your life insurance policy.
If you have already included CSU in your will or estate plans, or have questions on how to do so, please contact us. We would like to recognize you for your commitment and happy to assist you with any questions you might have.
To learn more:
WATCH A VIDEO
VIEW SAMPLE BEQUEST LANGUAGE