Testamentary Life-Income Gifts
(Gift illustration)

How it works

	You write a will or revocable trust directing a bequest to the Binghamton University Foundation.
	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 Binghamton University Foundation.

Benefits

• One estate asset can benefit both the Binghamton University Foundation 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 607-777-4712 so that we can assist you through every step of the process.

The Binghamton University Foundation
Office of Gift Planning
P.O. Box 6005
Binghamton, NY 13902-6005
607-777-4712 | Fax: 607-777-2945