What is gift planning?
Gift planning is a way for donors to make a gift to UMF that not only satisfies their philanthropic goals, but also their personal, financial, and estate planning goals.
What assets can be used to make a planned gift?
You can make a gift of cash, securities, or other property, such as real estate or personal property like artwork and antiques. You can also opt to designate distributions from retirement plans or life-insurance policies to fund planned gifts.
What is the easiest way to make a planned gift?
Bequests from wills or other estate-planning documents often are the easiest and most common gifts to make and result in significant contributions towards UMF’s future.
Does UMF want to know that I have put the University in my will?
Yes. Once you complete your estate plan, please inform the advancement office of your plans or complete the Planning Notification Form and return it to our office.. We would like to thank you for your generosity by inviting you to join the Kelsey Society, our honorary society for alumni and friends of UMF who have included and documented the University in their estate planning. It allows us to thank you and recognize you for the plans you have made, and it may inspire generosity in others.
Who can help me write my will or plan my estate?
Although our office can provide giving options, it is recommended that you consult an attorney, especially one that specializes in estate planning, and a financial advisor.
Can my planned gift be designated for a purpose of my choosing?
Yes. While unrestricted gifts and bequests are especially helpful because they can be used for the highest priority at the time, you are free to designate a particular use for your gift. Contributions for endowment, for example, are always priorities, and may be designated for student scholarships, faculty support, student life, the library, athletics, or a specific program or department. It would be most helpful to contact UMF’s advancement office to discuss the various options prior to establishing your will.
How can I learn more about the gift planning options?
For general information, please consult the gift planning section of our site. For help in making your planned gift, please contact us.