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Benefits of a Bequest

What are the benefits of a bequest?

  • The ability to provide generous support for the future of UMass Lowell!
  • Financial flexibility by retaining assets during your lifetime.
  • An estate tax charitable deduction equal to the full value of your bequest.

Please contact us for information about additional benefits:
UMass Lowell Office of Gift Planning
Phone: 978-934-4810
Email: GiftPlanning@uml.edu


Sample Bequest Language:

  • General Bequest
    I give, devise and bequeath to the University of Massachusetts Foundation Inc., for the benefit of the University of Massachusetts Lowell, __________ dollars ($_________ ) for the general purposes of the University of Massachusetts Lowell. 
  • Specific Bequest
    I give, devise and bequeath to the University of Massachusetts Foundation Inc., for the benefit of the University of Massachusetts Lowell my (describe specific property).
  • Residuary Bequest
    I give, devise and bequeath to the University of Massachusetts Foundation Inc., for the benefit of the University of Massachusetts Lowell, __________ percent (______%) of my residuary estate. 

Donors are welcome to designate a specific use for a bequest. Please contact the Office of Gift Planning prior to finalizing your plans in order to discuss any designations you may be considering.