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Gifts in your Estate Plans

Gifts made from donors’ estates have made a Vanderbilt education possible for students who otherwise could not have attended this great university. They have recruited the most talented faculty members, established programs, funded research and amazing discoveries and built buildings. Day by day, more and more donors add Vanderbilt to their estate plans. Will you consider joining those who secure Vanderbilt’s work into the next generations?

Why is a bequest an appealing way to make a charitable gift?

  • During your lifetime, you have access to the money or property in case you need it.
  • You can designate your bequest for the program, school or project at Vanderbilt that you care about—just as you would with an outright current gift.
  • By properly allocating different asset classes between your charitable and individual beneficiaries, you can make sure the value of your estate is preserved to the fullest extent.

Generally, there are two main ways to include Vanderbilt in your estate plans:

1) Provision in a will or revocable trust. While meeting with your estate planning attorney and other advisers, tell them you want to include a provision for Vanderbilt and your other charities. A will or revocable trust will not take effect until death and you are free to change or revoke any language in the document as you choose during your lifetime.

We encourage you to contact us during your planning process. We can help you and your advisers craft the language that will establish your personal or family legacy.

How should my will be worded? -  

2) Naming Vanderbilt as a beneficiary of your IRA or other retirement plan. Many people hold significant assets in tax-deferred IRAs or 401(k) plans. These arrangements can require a more strategic approach than cash, stocks or real estate. You can include charities as beneficiaries of these plans and your heirs will be glad you did!

How to Name Vanderbilt as beneficiary of your IRA, 401(k) or 403(b) plan -