Testamentary Life-Income Gifts
(Gift illustration)
How it works
You write a will or revocable trust directing a bequest to Michigan State University.
You provide that the bequest first create a life-income gift benefiting your heirs.
After their income interest terminates, the remaining balance in the gift passes to Michigan State University.
Benefits
- One estate asset can benefit both Michigan State University and your heirs.
- Resulting charitable estate-tax deduction will lower the cost of providing for children and family.
- Provisions are revocable during your lifetime, increasing your planning flexibility.
For more information
Email us, complete the personal illustration form, or call us at (517) 884-1068 so that we can assist you through every step of the process.
Michigan State University
300 Spartan Way
East Lansing, MI 48824-1005
(517) 884-1068 | Fax: (517) 432-1129