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Will/Bequest

Will Chart
How it works
1

You state in your will or bequest your intentions for how you want to direct your assets.

2 Your heirs receive the provisions you set for them.
3

Wentworth receives the provisions you set for the Institute.

A will (charitable bequest) is one of the simplest ways to make a gift to Wentworth, and often at a level not possible during one’s lifetime. Your gift can be either a specific amount or a percentage of your estate, and can consist of cash, securities, real estate, retirement plans, or personal property. You can even give a specific sum of money that, when invested, provides continued gifts to the Institute in perpetuity.

Note: If you're planning to leave a bequest to Wentworth, you may want to consider using an existing retirement plan; retirement plan gifts offer significant tax advantages.

Please contact us if you would like assistance in selecting a method that allows you to provide substantial benefits to your loved ones while simultaneously making a lasting impact on the educational mission of the Institute.

If you decide to include Wentworth in your will, please let us know so that you can become a member of Wentworth's Giving Society, which honors individuals who have made gifts to the Institute.

Benefits

  • You keep control of your assets during your lifetime, so you can make changes to your will/bequest if your circumstances change.
     
  • You will receive a 100% charitable estate tax deduction when you make a bequest to Wentworth in your will.
     
  • You will have made a significant gift to Wentworth.
     
  • You will become a member of Wentworth's Giving Society.

How to include Wentworth in your will
Please ask your legal advisor to consider the following language:

To name Wentworth as the beneficiary of a specified amount of cash
"I bequeath to Wentworth Institute of Technology, a charitable corporation established under the laws of the Commonwealth of Massachusetts, the sum of [dollars or percentage of estate], to be used [specify how bequest is to be used or state that it is to be used for general purposes]."

To name Wentworth as the beneficiary of part (or all) of the residue of an estate
"I devise and bequeath to Wentworth Institute of Technology, a charitable corporation established under the laws of the Commonwealth of Massachusetts, all [or specify a portion] of the rest, residue and remainder of my estate, whether real, personal or mixed, however and whenever acquired and wherever located, to be used [specify how bequest is to be used or state that it is to be used for general purposes]."

To name Wentworth as a contingent beneficiary
"If any of the above named beneficiaries should predecease me, I then devise and bequeath to Wentworth Institute of Technology, a charitable corporation established under the laws of the Commonwealth of Massachusetts, all the property, real or personal, which said beneficiary or beneficiaries would have received had they survived me."

Contact us for more information

 

Please note that information and calculations are for illustration purposes only and should not be considered legal, accounting, or other professional advice. Your actual benefits may vary depending on the timing of the gift.



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