
Bequests
A gift can be made to the University of Dayton by including a provision in your will or living trust agreement.
- General bequest: the most popular type of bequest. With this, you leave a specified dollar amount to the University of Dayton. For example, a bequest of $10,000 is a general bequest.
- Specific bequest: another popular way to benefit the University of Dayton. With this, you designate specific property that you want us to receive. For example, a bequest of a specified stock, savings bonds, or a vacation home is a specific bequest.
- Residuary bequest: is used to give all or a portion of one’s property after all debts, taxes, expenses, and other bequests have been paid. For example, giving the University “the rest of the property that I own at my death” is a residuary bequest. It may also augment a general or specific bequest to UD if the size of your estate allows, after assuring that other beneficiaries receive their bequests prior to the distribution to charity.
- Percentage bequest: is expressed as a percentage of an estate or residuary estate. For example, a donor might leave 50% of his or her residuary estate. If fortune changes the size of the estate over the years, this bequest will change in the same proportion.
- Contingent bequest: is a provision that provides for the situation where a beneficiary dies before you or disclaims the property. To prepare for such an occurrence, consider naming the University of Dayton as the contingent beneficiary.
Please consider completing and sending us a Confidential Bequest Notification Form so that we may properly thank you for your generosity.