From www.taylor.edu - Taylor University, integrating faith and learning

Estate Gifts

About Estate Gifts

Gifts established today provide benefits to Taylor University in the future.

Bequests

Designate a portion of your assets/estate to Taylor University in your will or living trust.

You may leave a specific amount of money, specific asset or specific percentage of your estate through your will or living trust to Taylor University. The gift may be unrestricted for use where the need is greatest or restricted to a particular program.

Life Insurance

Make Taylor University the owner and/or beneficiary of your life insurance policy.

Paid-up whole and universal life insurance policies have a cash value that may be used immediately if Taylor is the owner. The policy may be structured so you only pay premiums for a fixed number of years and each year's premium payment is tax-deductible.

Retirement Plans and IRAs

Make Taylor the beneficiary of your retirement plan or IRA.

The remainder of your retirement plan may be designated to Taylor University by bequest or by beneficiary designation. This will eliminate all income tax, capital gains tax, and estate tax on this asset.