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Vol. 19, No. 2 - Winter 2003
Are you prepared to die?
One of my husband’s favorite movies is The Princess Bride.
In it, one of the characters repeats again and again, “Prepare to
die!”
In the movie, no one does, in fact, die, but it does raise a
question for real life. How many of us are prepared for the
eventuality of our death? In a 2000 survey by the National Committee
on Planned Giving, only 42 percent of households in this country had a
will in place. Of those 42 percent, only about eight percent included
a charitable bequest in their estate planning.
While you, like many, may be feeling the effects of the economy on
your cash flow, retirement assets, or stock portfolio, you can still
make a significant difference in the future of this great University
by including the college in your will. It is simple, revocable, and by
doing so, you will leave an important legacy.
Now, more than ever, private support is critical to the
University’s—and the college’s—ability to provide that important edge
of excellence. The state deficit will continue to affect our ability
to keep tuition costs down and our level of teaching and research
high. Private support is even more important in these challenging
times.
If you would like a free brochure on planning your will, or
additional information on bequests and other planned gifts, please
contact development director Lynn Slifer at 612-625-5511.
The following is standard language you can provide to your lawyer
if you wish to make a bequest to the college:
“I give, devise and bequeath to the University of Minnesota
Foundation, Minneapolis, Minnesota 55455, (percentage of residue,
sum or description of property), the principal and income of which
shall be distributed by the Board of Trustees to the College of
Education and Human Development for the purpose of (fill in
purpose).”
Lynn Slifer
director of development
Campaign Minnesota update
College of Education and Human Development as of
December 31, 2002:
Campaign goal: $19,000,000
Raised to date: $17,471,827
Left to go: $1,528,173 |
