Learn About Wills and Bequests
ABOUT WILLS
Your will is a signed document that will be used to determine the distribution of your property, if your will is accepted by probate court. Without a will, the court follows state law to distribute your assets and appoint guardians for minor children. Your will can include a trust and you can name a trustee. A will is an essential part of transferring your property at the right time to the right people at the lowest cost.
ABOUT BEQUESTS
A bequest is a gift in a will or estate plan to benefit family and friends-and even a non-profit organization such as Samuel Merritt University. A bequest may be composed of a specific dollar amount, a percentage of an estate, a specific asset, or the residue of your estate. Many donors appreciate the tax benefits that may be provided through bequests. SMU is grateful to the generous University partners who are investing in the future of a health sciences education through their estate plans.
If you have included Samuel Merritt University in your estate plans, please let us know so we can welcome you as members of the 1909 Legacy Society, learn about your goals, and recognize your generosity.
What are the benefits of making a bequest?
- You leave a lasting legacy to be remembered
- You lessen the burden of taxes on your family
- You may receive estate tax savings
