Gift Planning

Bequest

Property

Donor's Family

CSULB

You can make a gift to CSULB in your will or living trust. This gift, called a bequest, is one of the easiest ways you can make a lasting impact on the campus, and the gift does not require you to give cash today. By notifying the CSULB, we can honor you today as one of our many supporters.

Benefits of Your Bequest

Receive estate tax charitable deduction.
Lessen the burden of taxes on your family.
Leave a lasting legacy.

How Do You Make a Bequest?

A bequest is one of the easiest gifts to make. With the help of your attorney, you can include language in your will, trust, codicil or amendment specifying gifts to CSULB along with your friends and family members.

Click Here to review sample bequest language.

Your Bequest Options

A bequest may be made in several ways:

Gift of a percentage of your estate
Gift of a specific dollar amount or asset
Gift from the balance or residue of your estate

Making a Bequest of Your Retirement Assets

A retirement plan, such as an IRA, 401(k) or other similar account, can make an excellent gift. If your family members were named as the plan beneficiary, much value may be lost through income taxes. By designating CSULB as a beneficiary of all or part of your retirement plan (using the beneficiary form provided by your plan administrator), the full value of the gift is transferred tax-free and your estate receives an estate tax charitable deduction.

A similar beneficiary designation from your life insurance can also make an excellent gift. If the value of the matured policy goes to CSULB and your estate receives an estate tax charitable deduction.