Marty Kramer, director of development for the College of Education, shares important information with alumni and friends interested in making charitable contributions before the end of the year. Kramer can be reached at martyk@found.ksu edu or at 785.532.7578.
Your legacy is important. That’s where your will comes in. Your will is a smart way to protect your family while also establishing your legacy at Kansas State University. Called a charitable bequest, this type of gift offers four main benefits:
- Simplicity. All you need are a few sentences in your will or trust. Click here to read the sample bequest language for Kansas State University.
- 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 K-State.
- 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.
Putting your family first
When planning a future gift, 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.
We can help
Contact KSU Foundation Gift Planning at (785) 532-7531 or giftoptions@found.ksu.edu with any questions about naming Kansas State University in your will or living trust. You can also click here to download our free Personal Estate Planning Course lesson book and record book. We’re happy to help, without obligation.
Good to see someone like Marty Kramer on the Foundation team!