How to Complete Your Gift

An easy way to include a gift in your will or trust is to state the specific dollar amount you'd like Gustavus Adolphus College to receive. Another option is to designate that we receive a certain percentage of the residue of your estate.

You will feel secure knowing that your assets are always there for you should you need them. Most important, it can help fund your desire to be part of our future success. Your gift of cash can be completed in four steps.

1. Determine how much you would like to give.

You can choose a certain dollar amount or you can leave a percentage of the residue of your estate, so that your gift remains proportionate to other bequests.

2. Decide how you would like your cash gift used.

Do you have a particular program in mind that you would like to fund with your gift? Will your gift be unrestricted, enabling us to use your gift for our most pressing needs? If you choose to specify the ultimate purpose of your gift, please let us know so we can ensure that your intentions can be fulfilled.

We Can HelpDid You Know?
You can make a cash gift in your will or trust in honor or in memory of someone special. Please contact Jackie Peterson at 507-933-7543 or jpeters9@gustavus.edu to learn more.

3. Meet with your estate planning attorney.

Discuss your possible tax and other benefits with your attorney to ensure that this bequest meets your goals. An estate planning attorney can prepare your will or trust if you do not have one, or prepare a codicil to your will or an amendment to an existing trust. The official legal bequest language for Gustavus Adolphus College is: "I, [name], of [city, state, ZIP] give, devise and bequeath to Gustavus Adolphus College [written amount or percentage of the estate or description of property] for its unrestricted use and purpose [or specify purpose]."

During your lifetime, you can change any of the provisions in your will or trust. The will or trust, along with any changes, should be prepared by a qualified estate planning attorney in your state. Each state has unique rules for proper execution of these documents.

4. Let us know of your plans.

Please contact Jackie Peterson at 507-933-7543 or jpeters9@gustavus.edu to let us know when you have made plans for your gift in your will or trust. We would love the opportunity to thank you for your generous act. We are happy to honor your wishes regarding anonymity.

If you have any questions about these steps, please contact Jackie Peterson at 507-933-7543 or jpeters9@gustavus.edu.


Your Next Steps
Getting Started | Is This Gift Right for You? | Case Study | How to Complete Your Gift | Action Items