Testamentary Life-Income Gifts
(Gift illustration)

How it works

You write a will or revocable trust directing a bequest to Furman University.

You provide that the bequest first create a life-income gift benefiting your heirs.

After their income interest terminates, the remaining balance in the gift passes to Furman University.

Benefits

• One estate asset can benefit both Furman University and your heirs.
• Resulting charitable estate-tax deduction will lower the cost of providing for children and family.
• Provisions are revocable during your lifetime, increasing your planning flexibility.

For more information

Email us, complete the personal illustration form, or call us at 864-294-3461 so that we can assist you through every step of the process.