Bequests

nd_bequests
Thank you for considering a bequest to Notre Dame School

The 4 benefits of a bequest:
Your bequest can make a wonderful difference in the lives of Notre Dame students. It allows you to distribute your assets in a way that fits your circumstances comfortably. Consider these facts:

1. It’s simple
You need only add a few sentences to your will to include Notre Dame School. It can be a provision to a new will or trust, or a codicil to an existing will or trust.

You may specify either a dollar amount or a percentage.

Your legal counsel will be able to advise you how to do this. If you need any information from Notre Dame, please contact the Notre Dame School Development Office, (212)620-5575 ext. 318 or groter@cheznous.org.

Sample language for including Notre Dame School in your will might be: “I give, devise, and bequeath (state amount, asset, or percentage of the estate) to Notre Dame School of Manhattan at 327 West 13th Street, New York, NY 10014.”

2. It does not reduce current assets
You may want to make a greater effort to support us, but are not in a position to do so right now. A gift by will or living trust means that you have all of your assets available to you for your own needs. You can remember Notre Dame by including a percentage of the remainder of your estate or trust.

3. It’s flexible
If at any time, you change your mind, you are under no obligation. The gift is not actually made during your lifetime.

4. It provides tax relief
If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift’s full value.

If you have any questions or would like to discuss bequests further, please contact the Notre Dame Development Office 212.620.5575, ext. 348, Burkea@cheznous.org

If you have already included Notre Dame School in your estate plans, please contact the development office. We would like to thank you and recognize you in our annual giving report.

There are several types of bequests:

Residuary Bequest: Give a __% or all of the “rest, residuary and remainder” of your estate to Notre Dame School after taking care of all other gifts, taxes and other specific gifts.

Outright Bequests: Give a specific amount, asset or estate percentage to Notre Dame School

Contingent Bequest: For example: “Should I outlive my spouse or partner, $__ or __% of my residual estate goes to Notre Dame School.”

Living Trusts: Include a gift to Notre Dame School in your living trust.

Retirement Fund Gift: Consider naming Notre Dame School as a beneficiary of your IRA, 401k, 403b, company retirement or profit sharing plan.

Insurance: Consider naming Notre Dame School as a beneficiary of your life insurance policy.