Wills & Living Trusts
A bequest gift from your estate means that you have designated the UND Alumni Association & Foundation as a beneficiary in your will or living trust.
Leaving a gift in your will or living trust is a simple way to shape the future for students at the University of North Dakota. This gift type can provide numerous benefits for you, your family and the UND causes you care about. By giving the gift of education, you forever change lives.
Bequests
A bequest is a gift made by naming the University of North Dakota Foundation (UND Foundation) in your will or living trust.
This is one of the most popular and flexible ways that you can support UND. Almost anything you own can be gifted. Estate gifts can come in many forms and are completely controlled by you. You can:
- Gift a specific dollar amount
- Gift a percentage of your estate
- Gift from the balance or residue of your estate
Your gift may be designated to an area you desire or left unrestricted to so that the University can use it for future needs. Gift designations may include:
- Establishing an endowment to fund a student scholarship or endowed faculty position
- Funding priority campus enhancement projects
- Funding a charitable income arrangement for surviving loved ones
- Supporting programs within a specific college or department
Benefits
Including UND in your will or living trust has many benefits for you and your family. You can:
- Continue to use your asset(s) as long as you need to.
- Easily make adjustments if your plans change.
- Simplify planning and avoid expensive legal fees.
- Reduce the burden of taxes on your family.
- Leave a lasting legacy at the University of North Dakota
Gift Intention Form
It is important that any type of restricted bequest be communicated with us through an Estate Gift Intention form.
Sample Bequest Language
When including the UND Alumni Association & Foundation in your will, consider this language to ensure your gift is appropriately designated.
This information is provided as an educational service to our donors and is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. State law may further impact your individual results.