When you created your will, did you focus exclusively on family? It’s not unusual. Ensuring your loved ones are cared for after you’re gone is one of the top reasons to craft this important legal document.
But what about the other people and places that matter to you? Have you considered those that help shape the futures of young people and the world–institutions like Murray State University Foundation?
It’s not too late to give back to Murray State University Foundation while still putting family first. Simply update your estate plan with this easy strategy.
Percentage Giving
Instead of a fixed amount, you can gift Murray State University Foundation a percentage of your estate or a percentage of specific assets. Your gifts to Murray State University Foundation and to loved ones remain proportional, regardless of how the value of your estate fluctuates.
Here are three ways to put family first and support Murray State University's future:
- Gift a percentage of your estate to Murray State University Foundation in your will.
- Leave Murray State University Foundation a percentage of your residual estate (the portion of your estate that remains after all gifts have been made and all claims of the estate are satisfied).
- Name Murray State University Foundation as a beneficiary of a percentage of your life insurance policy or retirement account.
Don’t Yet Have a Will?
Seek the assistance of an estate planning attorney. To find a qualified professional, ask family and friends, or consult your local bar association.
Honor Someone With Your Gift
Is there someone special in your life who shares your connection to Murray State University Foundation, such as a professor, former classmate or family member? You can honor that relationship with a gift to Murray State University Foundation in their name. Contact Dr. David Durr, CFA, CFP® at 270-809-6912 or ddurr@murraystate.edu to get help planning your perfect gift.