Gifts in a will or by beneficiary designation are two easy ways to help prepare East Texas Baptist University graduates to be Christian servant leaders in their calling to God and humanity for years to come — and they don’t cost anything now.
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for ETBU. Once you have provided for your loved ones, we hope you will consider making our mission part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
- Lasting Impact: Your gift will create your legacy of helping to change the lives of ETBU students for generations to come.
- Flexible: You can alter your gift or change your mind at any time and for any reason.
- No Cost: It costs you nothing now to give in this way.
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Four simple, “no-cost-now” ways to give in your will
General gift
A general bequest is a gift of a specific amount.
Residuary gift
Specific gift
Contingent gift
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to East Texas Baptist University contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in transforming this generation of college students — and it costs you nothing now. By naming East Texas Baptist University as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of empowering ETBU students to unashamedly share the hope of the Gospel of Jesus Christ to people from all walks of life and from all areas of the world.
Potential benefits of gifts by beneficiary designation:
- Reduce or eliminate taxes
- Reduce or avoid probate fees
- No cost to you now to give
- Create your legacy with ETBU
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Types of Gifts
Retirement plan assets
You can simply name East Texas Baptist University as a beneficiary of your retirement plan to help move ETBU’s mission forward.
Life insurance policies
You can name East Texas Baptist University as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, ETBU will receive the proceeds of your policy after your lifetime. You can change your beneficiary at any time and may reduce your estate taxes.
Bank or brokerage accounts
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name East Texas Baptist University (Tax ID: 75-0859801) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward inspiring and impacting students through the renewing of minds and the transformation of hearts for the cause of Christ for generations to come.
Funds remaining in your Donor-Advised Fund
What remains in a Donor-Advised Fund (DAF) is governed by the contract you completed when you created your fund. When you name East Texas Baptist University as a “successor” of your account or a portion of your account value, you enable ETBU to help create a path forward as our students pursue their God-directed purposes.
How to update a beneficiary designation:
Share Your Legacy
If you have already included a gift in your estate plans to benefit the future of ETBU, be sure to let us know so that we may best honor your wishes.
Our Team is Here to Help
Our experienced team is here to help you…
- Learn about special projects that align with your interests.
- Structure a donation that maximizes benefits for you and your loved ones.
- Stay up to date on how your gift is used.
- And more!