Wills & Living Trust
The Easiest Way to Make an Impact #
Interested in helping students at the IU School of Social Work but feel overwhelmed by the thought of writing another check or giving up your assets today? A simple, flexible and versatile way to ensure we can continue our educational mission for years to come is a gift in your will or living trust, known as a charitable bequest.
By including a bequest to the IU School of Social Work in your will or living trust, you are ensuring that we can continue to impact the lives of students for years to come. As recognition of your gift, you’ll become a member of Indiana University’s Arbutus Society. (https://iufoundation.planmylegacy.org/arbutus-society)
So how do you remember the IU School of Social Work in your will? While planning or updating your will, simply tell your attorney that you want to leave something to the School. A common practice when including a bequest in your estate is to leave a percentage, rather than a fixed amount, to us. That way, your gift to us remains in proportion to other bequests.
Before you meet with your attorney, make sure you have our bequest language.
Sample Bequest Language #
I give, devise, and bequeath the (sum of/ percentage of/ residue of my estate) to the Indiana University Foundation, a not-for-profit corporation with principal offices located in Bloomington, Indiana, to be utilized for the benefit of the Indiana University School of Social Work [as specified in an agreement on file at said Foundation.]
Your attorney will add this wording to your will if you choose to make a gift.
Disclosure #
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.