Gift
Planning

Wills and Bequests


How do I make a bequest?

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 The Benedictine Foundation as part of your estate plan.

What are the benefits of making a bequest?

  1. A bequest is generally a revocable gift, which means it can be changed or modified at any time
  2. You lessen the burden of taxes on your family
  3. You may receive estate tax savings which could offset or eliminate estate taxes, resulting in a larger inheritance for your heirs
  4. You leave a lasting legacy to be remembered

What are my options?

A bequest can be made in several ways:
  1. You can gift a specific dollar amount or asset
  2. You can gift a percentage of your estate
  3. You can gift from the balance or residue of your estate
  4. You can make a beneficiary designation of certain assets

How do I get started?


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