Give through a will or bequest

You can make a bequest by including language in your will or living trust, leaving a portion of your estate to a nonprofit like the Texas Alpha Endowment Fund.

Please see your legal and/or tax advisor for more information and to determine if a charitable bequest to/for Texas Alpha Endowment Fund is right for you.

 

A bequest is a gift from your estate — a transfer of cash, securities or other property made through your estate plans — and can be made to a charity like St. Jude Children’s Research Hospital.

A bequest can be made for a specific amount, for a percentage of your estate or for all or a portion of what is left after you have made bequests to your family. To make a gift from your estate, you must sign a new will or living trust instrument, add a codicil to your present will, or make an amendment to your present trust instrument.

  • You retain control and use of your assets during your lifetime.
  • You may modify your bequest if your circumstances change.
  • Gifts from your estate may be exempt from federal estate taxes.
  • A bequest costs nothing now, yet gives you the satisfaction of knowing you have provided for a charity’s future.
  • Specific: A gift of a specific amount or item/asset from the estate to Texas Alpha Endowment Fund
  • Residual: A gift to Texas Alpha Endowment Fund made from the residue of the estate after all other wishes are fulfilled, or a percentage of the estate.
  • Contingent: A gift to Texas Alpha Endowment Fund only in the event that the designated beneficiaries (usually children or family members) are unable to accept the estate gift.
  • Perpetual: A series of gifts to Texas Alpha Endowment Fund over a period of time.