By making a gift to Maryville under your will or trust you can make a major gift to Maryville without impacting your current lifestyle. You can revoke your gift at any time should your needs or interests change
How It Works
1. Donor provides now for a gift under his or her will or trust to Maryville.
2. Following Donor’s lifetime, a gift is made under Donor’s will or trust to Maryville.
3. Maryville uses the gift as the donor designated during his or her lifetime.
4. Donor estate enjoys a charitable estate tax deduction.
How You Benefit
When you make a gift to Maryville by under your will or trust, your gift will be fully tax deductible for federal estate tax purposes and will not be subject to any deductibility limits. Your gift may also be deductible for state inheritance law purposes.
Is This Gift Right For You?
Do you want to make a major gift to support the work of Maryville but worry about reducing your current cash flow? Or do you want to support a loved one after your death but before your final gift to Maryville is made? Or do you want to make a major gift to Maryville but want to reserve the right to revoke your gift for any reason at all? If you answered “yes” to any of these questions, a gift through your will or trust may be the right gift for you.
How To Make A Bequest
There are several ways to make a bequest to Maryville. You can leave a specific monetary amount; you can leave Maryville a specific piece of property; or you can leave Maryville a percentage of your estate. You can also delay your gift to Maryville in order to support a loved one or until a specified time or event occurs.
Restricting Your Gift
Just like with lifetime gifts, gifts made through your Will or Trust can specify how your gift is to be used, or they can be given outright to be used for our area of greatest need at the time of receipt. Because, a considerable amount of time may pass between when you name Maryville in your Will or Trust and when we receive your gift, we recommend contacting us in advance if you plan to restrict your gift. We can work with you and your attorney to ensure that we will be able to fulfill any restrictions you place on your gift today, long into the future. Similarly, please let us know if you plan to leave us specific property such as real estate or partnership interests and we can work with you and your attorney to ensure that we will be able to accept your gift.
We Make it Easy
Maryville has sample language available to share with your attorney and will work with you and your attorney to draft customized language to ensure that your gift is used as you intended.
If you have any questions as you move through the estate planning process, please contact us: