Legacy Contributions
A planned gift allows you to leave a lasting legacy. By including a bequest in your will, trust, or through a beneficiary designation from an account, you can support KGI in a meaningful way. Your bequest can be unrestricted, addressing the university’s most pressing needs, or directed to a specific school, program, or activity at KGI.
There are several benefits to leaving assets to KGI. A commitment made today costs you nothing during your lifetime, and other heir of your estate will not be taxed on the portion that KGI receives. This way, you leave a powerful legacy at the university and inspire others who share a commitment to KGI.
Gifts in your Estate Plan
Bequests can be made with cash, securities, real estate, and other property. You may designate a specific dollar amount, a particular asset, a fixed percentage of your entire estate, or leave the residuary estate after providing for loved one. A bequest to KGI is fully deductible for federal estate tax purpose, with no limit on the deduction your estate can claim. Additionally, the gift is usually exempt from state inheritance tax.
Contact us at (909) 607-8347 or advancement@kgi.edu to learn more about bequests and discuss your plans.