Making A Bequest

By means of your Estate Plan, you can name Immaculate High School as the beneficiary of a portion of your estate , or of particular assets within your estate.

A bequest for Immaculate High School is the easiest way to benefit the school and its future. Adding the institution as a beneficiary of your will or retirement plan allows you to increase your financial support while retaining the use of the assets, as needed, during your lifetime.


Through your will, you can provide the school with a gift of almost any kind of asset including cash, securities, real estate, and personal property. Donors may also gift funds from an IRA, Keogh, tax-sheltered annuity, qualified pension or profit-sharing plan, or funds from a life insurance policy at death. In addition to the many assets that can be gifted to create a bequest, there are several ways to structure your bequest, including residual, specific or contingent—or a combination thereof.


Immaculate High School receives all or a percentage of the remainder of an estate after specific amounts bequeathed to other beneficiaries are distributed and estate-related expenses are paid.


Immaculate High School receives a specified dollar amount or specified assets, such as real estate, securities, life insurance policy, or tangible personal property.


Immaculate High School receives a gift based upon the occurrence of some event. If a primary beneficiary does not survive the donor, the school will receive the assets intended for the primary beneficiary.

For estate planning purposes, a bequest is deductible for federal estate tax purposes with no limit on the amount of charitable deduction an estate can take. Often, bequests are not subject to state inheritance or estate taxes.