Bequest
A charitable bequest is a specific donation to Kent State University that is made in your will or revocable trust. In addition to the impact the planned gift will have on Kent State, a bequest reduces taxes on income passed to your heirs and could also potentially reduce estate taxes.
Types of Bequests
- A percentage bequest is a gift of a certain percentage of your estate
- A specific bequest is a gift of a certain dollar amount or asset
- A residual bequest is a gift made from the balance of your estate after the bequests to your heirs are honored
How To Leave A Bequest to Kent State University
To leave a bequest to Kent State, include a bequest directive to Kent State in your will or revocable trust; designate Kent State University as a full, partial or contingent beneficiary of your retirement account; or name Kent State as a beneficiary of your life insurance policy.