Bequest Language

pdficon_large.gif Printable Bequest Language

 

Planning a Lasallian Legacy

Since 1853, the Lasallian vision of education has been central to the mission of Manhattan University. This vision stresses excellence in teaching, respect for individual dignity, and strong Catholic social values. Maintaining the vitality of the University’s unique mission will be an enduring challenge. If the value-centered education you received at Manhattan has been a vital part of your life and work, then you may want to plan for the future strength of your alma mater. You can help by naming Manhattan University in your will. Bequests, both large and small, have played a key role in meeting the University’s challenge.

There are various ways to make Manhattan the beneficiary of your estate:

  1. You may make an outright bequest of cash, securities, or any type of property. A specific amount, or a percentage of your estate, may be passed on to the University.
  2. You may leave the residual of your estate to Manhattan. After your loved ones and other beneficiaries receive a designated portion of your estate, the remainder of the estate may be left to the University.  This allows for changes in family and financial situations by ensuring that your loved ones are the primary recipients of your estate.
  3. You may establish a trust, providing income for your loved ones during their lifetimes. Upon the death of the last recipient, the University will receive the assets of the trust.

The following examples include language you may use in a clause naming Manhattan University in your will.

For a specific amount of your estate for the University’s general purposes
I give ________ dollars in cash (or ____ shares of ______ stock) to Manhattan University, Riverdale, New York for its general purposes.

For a specific amount of your estate for a specific purpose
I give ________ dollars in cash (or ____ shares of ______ stock) to Manhattan University, Riverdale, New York to be used for ________________________ (i.e.: endowed scholarship, endowed chair, building fund, specific department or school).

For a percentage of your estate for the University’s general purposes
I give ________ percent of the rest, residue and remainder of my estate to Manhattan University, Riverdale, New York for its general purposes.

For a percentage of your estate for a specific purpose
I give ________ percent of the rest, residue and remainder of my estate to Manhattan University, Riverdale, New York to be used for _________________________ (i.e.: endowed scholarship, endowed chair, building fund, specific department or school).

For a residual bequest for the University’s general purpose
All the rest, residue and remainder of my estate, I give to Manhattan University, Riverdale, New York for its general purposes.

For a residual bequest for a specific purpose
All the rest, residue and remainder of my estate, I give to Manhattan University, Riverdale, New York for ___________________________( i.e.: endowed scholarship, endowed chair, building fund, specific department or school).

 

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