A charitable bequest is one of the easiest ways to leave a lasting impact on Delta Sigma Phi. A bequest may be made in your will or trust directing a gift to the Delta Sigma Phi Foundation.
Benefits of your Bequest
- Receive estate tax charitable deduction.
- Lessen the burden of taxes on your family.
- Leave a lasting legacy.
How to Make a Bequest
With the help of a lawyer, you can include language in your will or trust specifying a gift to be made to family, friends or the Delta Sigma Phi Foundation as part of your estate plan.
Your Bequest Options
A bequest may be made in several ways:
- Gift of a percentage of your estate
- Gift of a specific dollar amount or asset
- Gift from the balance or residue of your estate
Making a Bequest of your Retirement Assets
A retirement asset, such as an IRA account, makes an excellent bequest. If the IRA was given to your family, much of the value may be lost through estate and income taxes. By designating the Delta Sigma Phi Foundation as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your custodian), the full value of the gift is transferred tax-free at your death, and your estate receives an estate tax charitable deduction.
For suggested language for will bequests to the Delta Sigma Phi Foundation, click the link below. If you have any questions on the language for your particular needs, please contact Nathan Wight, Chief Advancement Officer, at 317.607.8565 or firstname.lastname@example.org.