Text Resize
Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
Mobile video button

Charitable Bequest

A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Rocky Hill Country Day School that will make a lasting impact.

Charitable Bequest
Property
Donor's Family
RHCDS
Charity image

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 Rocky Hill Country Day School 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 Rocky Hill Country Day School

  • Include a bequest to Rocky Hill Country Day School in your will or revocable trust
  • Designate Rocky Hill Country Day School as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension)
  • Name Rocky Hill Country Day School 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 Rocky Hill Country Day School 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.

Print This
Email This
Calculate Plan
eBrochure
Contact Us
View Video
scriptsknown

Testamentary Charitable Remainder Unitrust: Have Your Cake and Eat it Too!

Testamentary Charitable Remainder Unitrust:  Have Your Cake and Eat it Too!
We have all heard the saying "You can't have your cake and eat it too." This phrase describes a situation where we want two good things at the same time when that isn't possible. Karen and Stephen felt this way when they were establishing their estate plan. They wanted to pass their estate to family, but they also had a place in their hearts for our charitable mission.

Stephen: We were really having a tough time determining how to best split our estate until we received a mailing from the gift planning office at our favorite charity. The mailer talked about testamentary charitable remainder unitrusts. The brochure really sparked our interest.

The testamentary charitable remainder unitrust was a new concept to Karen and Stephen.

Karen: I didn't realize that there was a way we could stretch our assets so that we could accomplish both goals of leaving an inheritance to our kids and making a substantial gift to charity.

Stephen and Karen established a testamentary charitable unitrust as part of their estate plan. Their plan will transfer their retirement accounts to fund a unitrust after their lifetimes. This trust will provide a steady stream of payments to their son and daughter for a term of 20 years. At the end of 20 years, the trust balance will be transferred to our organization to further our work.

Stephen: We are thrilled that we are able to use our retirement accounts during our lives and that when we no longer need them, we can use these savings to provide our family with payments for a long time and then support our favorite charities.

Is a testamentary charitable remainder unitrust right for you?


Retirement accounts, such as an IRA or 401(k), make great gifts to fund a testamentary charitable remainder unitrust. The trust will provide income to family while also benefiting charity. If you have questions about this gift option, please give us a call.

*Please note: The names and image above are representative of a typical donor and may or may not be an actual donor to our organization. Since your benefits may be different, you may want to click here to view an example of your benefits.