A Gift in Your Will: Getting Started

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We hope you'll consider including a gift to Gustavus Adolphus College in your will or living trust. Called a charitable bequest, this type of gift offers these main benefits:

  • Simplicity. Just a few sentences in your will or trust are all that is needed. 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]."
  • Flexibility. Because you are not actually making a gift until after your lifetime, you can change your mind at any time.
  • Versatility. You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to us.
  • Tax Relief. If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift's full value.

Question MarkWe understand.
Your circumstances may change and you can change your gift at any time.

How It Works

To make a charitable bequest, you need a current will or revocable living trust.

Your gift can be made as a percentage of your estate. Or you can make a specific bequest by giving a certain amount of cash, securities or property. After your lifetime, Gustavus Adolphus College receives your gift.

Charitable Bequest

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Create a will or trust leaving part of your estate to family and part to Gustavus Adolphus College.
Your Will or Trust
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Family
Your Family
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Your death
Gustavus Adolphus College

Putting Your Family First

When planning a future gift, it's sometimes difficult to determine what size donation will make sense. Emergencies happen, and you need to make sure your family is financially taken care of first. Including a bequest of a percentage of your estate ensures that your gift will remain proportionate no matter how your estate's value fluctuates over the years.

eBrochures
Download a free guide about making your first will.

We Can Help

Contact Jackie Peterson at 507-933-7543 or jpeters9@gustavus.edu with any questions about naming Gustavus Adolphus College in your will or living trust. We're happy to help, without obligation.