Leaving a legacy means leaving an impact that reflects your life’s values and the causes that have shaped you. If Avila University has played an important role in your journey, there are meaningful ways to include Avila in your legacy plans. Thoughtfully designating retirement assets can help you provide for loved ones while ensuring that the values and support Avila has given you extend to future generations.
Creating a legacy gift is a meaningful way to reflect the role Avila University has played in your life and to ensure its mission endures for future generations. Here are three impactful ways to leave a legacy at Avila that can benefit you, your loved ones, and Avila’s community of students and faculty.
Options for Creating a Legacy
- Retirement Assets & Tax Considerations:
Inherited retirement assets are subject to income tax, which can reduce the amount your heirs receive. From 2020, heirs are also required to withdraw inherited retirement funds within 10 years, potentially increasing their tax burden. Options like life insurance or a charitable remainder trust (CRT) can help lessen this impact and allow you to extend your legacy to Avila. - Wills & Trusts:
Including Avila University in your will or trust provides a flexible way to make a difference without affecting your lifetime finances. A bequest allows you to adjust your plans as needed, and it’s a straightforward approach to ensure your values are reflected in Avila’s future. - Gifts of Land & Real Estate:
Donating appreciated assets such as land or commercial property can be a powerful way to support Avila while offering tax efficiencies. Real estate gifts are versatile, allowing you to make an enduring impact in a way that aligns with your unique assets and values.
For more details on these options and how to structure a gift that aligns with your goals, please explore each area further or consult with your financial advisor. Additionally, if you intend to make a gift, please notify us so we can honor your specific wishes.
Avila University Heritage Society
The Avila University Heritage Society honors donors who choose to extend their support through a legacy gift. By including Avila in your will, trust, or as a beneficiary of your retirement or life insurance assets, you’ll join a distinguished group dedicated to ensuring Avila’s mission continues for future generations.
Heritage Society members are recognized for their generosity and are invited to special events, receiving updates on the impact of their support on students and campus life. Join us in leaving a legacy that transforms lives—today, tomorrow, and always.
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