With only your signature, you can create your legacy as a founder of the future of UT Dallas.
Once your family and loved ones are provided for, we hope you’ll consider a gift to UT Dallas in your will or trust, or by beneficiary designation. It costs you nothing now to do this, yet your impact lasts for generations to come. And you can change your mind about the amount of your gift – or giving at all – at any time.
Please let us know if you’ve included a gift for UT Dallas in your will or trust, or by beneficiary designation. Providing us with documentation is the best way to ensure that your wishes are honored.
You can support UT Dallas for generations to come simply by naming the University as a beneficiary of assets, such as retirement plans and life insurance policies. It is as simple as contacting the firm that holds your assets and asking them for a beneficiary form to complete. Best of all, giving this gift costs you nothing now and you can change it any time you want.
Reasons to update your beneficiary designations:
- You have been remarried, widowed or divorced
- Your primary beneficiary has passed away
- Your financial institution changed ownership
- You welcomed a grandchild or great-grandchild
- You want to leave a legacy gift to UT Dallas
What kinds of gifts can you give?
Here are some of the assets that transfer by beneficiary designation:
- IRAs, 401ks and other qualified plans
- Life insurance policies
- Certificates of deposit
- Bank accounts
- Donor-advised fund residuals
- Personal residence
Leaving a gift in your will or living trust is an easy way to create your legacy with UT Dallas so that we may continue to be a hub for learning, collaboration and innovation, now and for years to come.
Here are some easy ways to leave a gift for UT Dallas:
- A general gift in your will or living trust leaves UT Dallas a stated sum of money in your will or living trust, typically in the form of personal property or assets.
- A residual gift in your will or living trust leaves UT Dallas the remainder of your estate after other gifts, debts and taxes have been paid.
- A specific gift in your will or living trust leaves UT Dallas a specific dollar amount or stated percentage of your estate or specified items (collections, art, books, jewelry, etc.).
- A contingent gift in your will or living trust leaves UT Dallas a stated share of your estate only if a spouse, family member or other beneficiary does not survive you.
Your benefits include:
- Remaining in control (you can change your gift at any time).
- Directing the use of your gift (i.e. to a specific school or center).
- Realizing valuable tax savings (in certain instances).
Questions about how specific gifts can meet your unique needs and goals? Contact Kyle Edgington, vice president for development and alumni relations, at firstname.lastname@example.org or 972-883-6527.
As with all gift planning, you should consult with your tax advisor and lawyer to determine what planned gift strategy is best for your current tax situation and income requirements. Consulting estate-planning professionals will help ensure that your wishes to make a lasting impact will be fulfilled.