Naming Drexel University or Drexel University College of Medicine as a beneficiary in your will or living trust is one of the most simple, flexible, and effective ways to have a lasting impact for generations of future students, and it allows you the flexibility to amend your intention in the event that your life circumstances change.
Here’s a tip: Your gift may be a specific dollar amount, a percentage of your estate, or the remainder after all other provisions are specified.
Including a gift for Drexel University or Drexel University College of Medicine in your estate plans is as easy as including the following language in your will:
To Give Where the Need is Greatest
I give, devise, and bequeath the sum of $_______ in cash or in-kind {or ________ shares of ________stock or _____ percent (%) of the rest, residue, and remainder of my estate} to be used at the discretion of the Board of Directors of Drexel University for the general purposes of Drexel University (or Drexel University College of Medicine) and its related entities.
To Give to a Specific Program, College or School
I give, devise, and bequeath the sum of $_______ in cash or in-kind {or ________ shares of ________stock or _____ percent (%) of the rest, residue, and remainder of my estate} as a gift to be used for ________________________ at Drexel University (or Drexel University College of Medicine).
No matter which type of bequest you choose, your generosity will have left a meaningful legacy.
Want to learn more? Contact David Toll, JD, senior associate vice president, Drexel University Office of Gift Planning at 215.895.1882 or giftplanning@drexel.edu.
Not intended as legal, tax, or investment advice.