Martha MacDowell Carpenter '50 (back row, fourth from left, with her Kappa Gamma Chi sisters) left a generous bequest to establish a named scholarship fund for generations of Emerson students.
A bequest to Emerson College is a wonderful way to ensure that programs that are important to you continue to be supported beyond your lifetime. Bequests can be made by will or revocable trust.
Bequests can take a variety of forms, including:
- A specific dollar amount
- A specific percentage of your estate
- A specific asset
- A “residuary bequest” in which you name Emerson to receive all or part of your remaining estate after bequests to loved ones have been satisfied
With a bequest, you have the flexibility to adjust your gift through a simple amendment if your life circumstances change. In addition, you may receive valuable estate tax savings.
Another type of bequest can be made through a Charitable QTIP Trust (Charitable Qualified Terminable Interest Property Trust). With a Charitable QTIP trust, you can direct the income from the trust (and principal, if needed) to your spouse for life, after which the remaining assets will pass to Emerson. The entire value of the trust will escape estate and gift tax. Please contact your estate planning attorney to see if this option is appropriate for you.
Here is a copy of Emerson’s tax-exempt status letter with tax identification number »
To learn more about making a bequest or to notify us of your planned gift, please contact: Nadia A. Yassa, JD, Director of Estate and Gift Planning at 617-824-8288 or firstname.lastname@example.org, or complete and return the response card.
Emerson College does not provide legal or tax advice. Please consult your professional advisor prior to entering into any planned giving arrangement.