Harold and Ilse Posner
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Testamentary Life-Income Gifts
(Gift illustration)
How it works
You write a will or revocable trust directing a bequest to the University of Pittsburgh.
You provide that the bequest first create a life-income gift benefiting your heirs.
After their income interest terminates, the remaining balance in the gift passes to the University of Pittsburgh.
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Benefits
- One estate asset can benefit both the University of Pittsburgh and your heirs.
- Resulting charitable estate-tax deduction will lower the cost of providing for children and family.
- Provisions are revocable during your lifetime, increasing your planning flexibility.
For more information
Email us, complete the personal illustration form, or call us at 1-800-817-8943 so that we can assist you through every step of the process.