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Where
There's a Will, There's a Way
If
you do not have a will, the decisions regarding the distribution
of your estate will be made by others than yourself. The state in
which you reside will most likely have statutes that direct who
will be the beneficiaries of your estate.
Bequests
have been of paramount importance to Moravian College and Moravian
Theological Seminary. They have provided for scholarships, faculty
support, restoration, visiting professorships, fellowships, library
support of all kinds, pianos, art, and restricted and unrestricted
endowment. The list goes on and on. Without the thoughtful remembrances
in their estate plans by so many alumni, parents, College friends,
and Seminary friends, Moravian would not have the bright future
it enjoys today. Provisions in wills and living trusts have provided
people with the ability to support Moravian in ways they could not
comprehend doing during their lifetimes. The bequests have been
small and they have been large, but each and every one was given
to reflect the impact Moravian College and Moravian Theological
Seminary had on their lives and on those around them.
A will
contains provisions for the disposition of property. These provisions,
referred to as bequests, may take a variety of forms so as to achieve
different objectives for the person planning his or her will. The
choice as to the type of bequest used to benefit Moravian College
and/or Moravian Theological Seminary will depend completely on the
donors unique circumstances and personal objectives.
- Specific
Bequests are the most widely used method for providing for
Moravian through a will. The bequest can be a fixed dollar amount,
a specified asset, or a specific residuary amount of the persons
estate.
- Residual
Bequests can provide for the rest, residue and remainder
to benefit Moravian College after all other specific bequests
of the estate have been satisfied. A residual bequest assures
that all other beneficiaries have been provided for.
- Contingent
Bequests provide for the orderly distribution of an estate
when there are no surviving beneficiaries.
For
more information on bequests, charitable gift annuities, and charitable
remainder trusts, or for confidential examples, please call or write:
Moravian
College
Moravian Theological Seminary
Office of Development
1200 Main Street
Bethlehem, Pennsylvania 18018
800 429-9437 (toll free)
610 861-1336
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