A
Bequest is a gift that comes directly to Dartmouth upon your death.
It is flexible in that it can be revised at any time your circumstances
change. Also, a bequest can provide life income for someone you
wish to remember. An outright bequest to Dartmouth is fully deductible
for estate tax purposes.
The most common and useful
bequest is an unrestricted bequest for the general purposes of Dartmouth.
This permits the College to use your gift wherever it is most needed
at the time. However, if there is a particular purpose you wish
to support, we would be happy to help ensure that your request is
directed effectively.
Bequests may take one of the following forms:
- a specified dollar amount;
- specified assets, such as securities, real estate, or tangible
personal property;
- retirement account assets, consisting of any benefits remaining
in your retirement plan;
- a residuary bequest, in which Dartmouth receives all or a percentage
of the remainder of your estate after all other obligations are
met; or
- a contingent bequest, in which Dartmouth becomes the beneficiary
only if the named beneficiary is unable to accept the bequest.
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