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Charitable Bequest

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Luther Seminary that will make a lasting impact.

Benefits of a bequest

• Receive an estate tax charitable deduction
• Reduce the burden of taxes on your family
• Leave a lasting legacy to charity

How a bequest works

A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Luther Seminary as part of your estate plan, or you can make a bequest using a beneficiary designation form.

Here are some of the ways to leave a bequest to Luther Seminary

• Include a bequest to Luther Seminary in your will or revocable trust
• Designate Luther Seminary as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
• Name Luther Seminary as a beneficiary of your life insurance policy

A bequest may be made in several ways

• Percentage bequest - make a gift of a percentage of your estate
• Specific bequest - make a gift of a specific dollar amount or a specific asset
• Residual bequest - make a gift from the balance or residue of your estate

Click here to review sample bequest language.

Contact us

If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Luther Seminary as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity.

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