A charitable bequest is one of the easiest ways you can leave a lasting impact on California Lutheran University. A bequest may be made in your will or trust directing a gift to Cal Lutheran.
Benefits of Your Bequest
- Receive estate tax charitable deduction
- Lessen the burden of taxes on your family
- Leave a lasting legacy
How to Make a Bequest
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift to be made to family, friends or Cal Lutheran as part of your estate plan.
Your Bequest Options
A bequest may be made in several ways:
- Gift of a percentage of your estate
- Gift of a specific dollar amount or asset
- Gift from the balance or residue of your estate
Making a Bequest of Your Retirement Assets
A retirement asset, such as an IRA account, makes an excellent charitable bequest. If the IRA were given to your family, much of the value may be lost through estate and income taxes. By designating Cal Lutheran as the beneficiary of all or part of your IRA (using a beneficiary designation form provided by your custodian), the full value of the gift is transferred tax-free at your death and your estate receives an estate tax charitable deduction.Request a brochure
Create a Wills Planner account
Review sample bequest language
CLU Annual Fund
The CLU Annual Fund allows you to support the University's growth and consistent high-quality education.
A Cal Lutheran education changes lives. When you support student scholarships you can change lives too.
Leave a lasting legacy through special gifts that are specific to your interests.
Planned gifts, such as bequests and annuities, can be a wonderful way to provide for your family's future as well as the future of Cal Lutheran.