Create a Legacy
You can create a permanent legacy for the LSU School of Veterinary Medicine through an endowment or an estate gift. For specific information, you should consult your tax advisor or a professional estate planner. Additional information is available on the LSU Foundation website under Estate and Charitable Gift Planning or you may contact Lindsey Yates-Grimley, Executive Director of Planned Giving, LSU Foundation, 225-772-1194.
You should notify the School of Veterinary Medicine or the LSU Foundation when an estate gift to benefit the School has been established with your estate planner. Donors who make gifts to LSU through estate plans are eligible for voluntary membership in the LSU Foundation's 1860 Society. Members of the 1860 Society share in the pride of LSU and enjoy the satisfaction of shaping the future of its students, faculty and academic enrichment programs.
You can create an endowment with a gift of $40,000 or more. The principal is invested and never spent so that it generates interest annually. Part of the interest is reinvested to increase the principal, and part is used for the intended purpose. Endowed funds are often named for the benefactor or designated honoree.
Estate and Charitable Gift Planning
Gifts through the estate plans of individuals and families are always encouraged because of their far-reaching impact upon the School of Veterinary Medicine. Useful vehicles for estate gifts include:
- Living trusts
- Real estate or retained life estate (Life insurance policies, Retirement plan assets, Retained life estate)
- Charitable lead annuity trusts
- Charitable lead unitrusts
Certain plans provide attractive tax benefits and life-income provisions for the donor during their lifetime, for example:
- Charitable remainder trusts
- Charitable gift annuities
Your gift may be used to honor or memorialize a beloved pet, family member, or friend. Naming opportunities exist for endowed and estate gifts, as well as for capital improvement projects. All naming proposals are governed by University policies and must be approved by the administration.
For questions about including the LSU School of Veterinary Medicine in your will, you can contact us.