A gift in your will, also known as a bequest, is an easy way to support the university. Your assets remain in your control and your gift can be changed at any time should your situation change. Bequests are not subject to federal estate taxes.
The gift can be a specific dollar amount or asset, a percentage or all of the residue of your estate, restricted (to be used for a particular purpose), unrestricted (to be used for general purposes of the university) or contingent (made only if specific conditions occur, i.e., a spouse has died before the donor).
Bequests benefitting the university can be made to Midwestern State University or the Midwestern State University Foundation. To assist you and your advisor in preparing your bequest, we have provided sample bequest language for each entity that can be printed and shared with your advisor. Contact Rhonda McClung, Assistant Vice President for Gift Planning, for specific bequest or endowment language.
As with any decision involving your assets, we urge you to seek the advice of your professional counsel when considering a gift to Midwestern State University.
If you wish to restrict your bequest to a specific program or function or to create an endowment, contact Rhonda McClung, Assistant Vice President of Gift Planning, to determine wording that will ensure its use according to your intentions. She would be happy to work with you or your adviser to ensure your gift does exactly what you intend.
If you have already included MSU in your estate plan, please contact us or submit the Planned Giving Intention Form so that we may thank you and welcome you as a member of the 1922 Legacy Society. If you would prefer to remain anonymous, your gift will be kept confidential.