|
Every year we
receive bequests from the estates of deceased
friends. These gifts make a tremendous difference
and we count on such gifts as we move into the
future.
When you revise or
create your will for the first time, we hope you will
include the Collin College Foundation. Your estate gift will help
us serve the next generation.
Types of Bequests
As you consider an
estate gift to the Collin College Foundation, it may be
useful to know some of the bequest options you have.
For example, you can make your bequest as an
unrestricted gift. This permits
the Collin College Foundation
to use your bequest where it is needed most.
A second type of bequest is
designated or restricted to a specific purpose. For
example, a gift may be earmarked for a program you
feel keenly about or for capital improvements. You
could even designate a bequest to establish a
scholarship endowment
or to endow a department chair.
A third kind would be a
combination of the first two. That is, part of the
bequest might be used as the board sees fit and the
restricted part for the predetermined purpose.
|
