Photo by Jennifer Raudebaugh
Did you know that there other ways to make a “bequest” type of arrangement without a will? You can make Gonzaga University a beneficiary of various policies, trusts, or qualified retirement plans. Making Gonzaga a beneficiary of your life insurance policy, revocable trust, IRA or retirement plan can provide income tax relief for your heirs in addition to other potential estate tax savings.
Whether you make a bequest to Gonzaga under your will, or include the University as a beneficiary in one of you other assets, keep in mind that these arrangements are revocable; which means you can maintain control over your assets and make changes in your beneficiary designations should circumstances change.
While tax savings are usually confined to estate taxes, the potential savings can be temendous in view of the severity of the etate tax. But, more important, you have the opportunity to direct your hard-earned assets to teh mission of Jesuit higher education at Gonzaga.
We are happy to discuss with you the best way to include the University in your plans. Please contact Judy Rogers at 509-313-6131 to explore your planned giving options. Or, visit our website at www.gonzaga.edu/plannedgiving. Make a year-end charitable gift today! www.gonzaga.edu/makeagift.