Leave A Legacy And Maximize Your Philanthropic Goals
Almost 100 years ago, Midwestern State University was established an investment in the Wichita Falls community. Throughout the years, alumni, faculty and staff of the university have made a significant impact on their communities, their professions and their families.
Estate gifts are simple, yet powerful, ways to invest in the future of MSU. Today, alumni and friends continue the tradition of investing in MSU with gifts in their wills and other estate plans. These gifts are crucial investments in the future of the university and provide an opportunity for individuals, couples and families to leave a legacy impacting the university and all of the people it touches.
As you consider ways to leave your legacy at MSU, think about what you want to accomplish. Planned gifts can provide you and your family with a variety of benefits including:
- Increasing current income for you or others;
- Reducing income and/or estate taxes;
- Reducing or avoiding capital gains taxes;
- Passing assets on to family members at reduced tax costs;
- Making a transformational gift to MSU.
The most common options in making a planned gift include:
More ways to give include
- Tax-free IRA Rollover
- Real Estate
- Charitable Gift Annuities
- Charitable Remainder Trusts
- Charitable Lead Trusts
Each year, individuals and families notify us that they have included MSU in their estate plans allowing us to recognize them as members of the 1922 Legacy Society. Some provide additional details about their intentions, in effect “documenting” their generous future gifts to Midwestern. If you are questioning whether to notify the university of your plans, consider five good reasons to let us know as you make your decision.
As with any decision involving your assets, we encourage you to seek the advice of your financial or legal advisor when considering a gift to Midwestern State University. We would like to assist you and your advisor in identifying the best vehicle to meet your philanthropic and financial goals, please contact Rhonda McClung by email or phone at 940-397-4728.