Testamentary Life-Income Gifts
(Gift illustration)

How it works

You write a will or revocable trust directing a bequest to the University of South Carolina or its affiliated Foundations.

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 South Carolina or its affiliated Foundations.

Benefits

• One estate asset can benefit both the University of South Carolina or its affiliated Foundations 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 (803) 777-4196 so that we can assist you through every step of the process.

The University of South Carolina
Office of Gift Planning
University Development
1600 Hampton Street, Suite 738
Columbia, SC 29208
Phone: (803) 777-4196
Fax: (803) 777-9708
Email: giftplan@mailbox.sc.edu