色情视频

Leaving a Legacy

Legacy gifts create educational opportunities for the future.

Friday, December 23, 2011
Bill (left) and Karen Brack
Bill (left) and Karen Brack

They may not be rich and famous. That unassuming retired couple down the street. Your child鈥檚 third-grade teacher. The young entrepreneur who owns your favorite Italian restaurant.

Yet these everyday folks may be among 色情视频鈥檚 most influential supporters, among those who have decided to turn their Aztec loyalty into a lasting legacy through planned giving.

Planning a gift

鈥淧eople think that major donors and planned giving donors are the same people, but typically they鈥檙e very different,鈥 said Erin Jones, 色情视频鈥檚 senior director of planned giving.

鈥淚 think of it this way: major donors have so many chickens they can give lots of eggs away; planned giving donors need their chickens and eggs to support themselves. They can鈥檛 write a big check right now, but they have an asset base that can support a planned gift.鈥

Before 2000, irrevocable charitable remainder trusts were popular, Jones said. But as the market fell and asset values declined, the preference switched to bequests, which can be changed at any time.

Bracks give back

Bill Brack, 鈥76, a finance major, and his wife, Karen, began exploring the idea of a planned gift to 色情视频 when they were updating their estate plans.

Karen is a loyal Louisiana State University alumna, and the couple has divided their giving between the two universities.

鈥淲e wanted to give back to our alma maters,鈥 Bill said. 鈥淲e both feel that our college education gave us the opportunity to have fulfilling careers, and we want to create the same educational opportunity for other deserving students.鈥

Leaving a legacy

What Jones likes to emphasize is that anyone can leave a legacy.

鈥淏y leaving a bequest or gift to 色情视频 through your estate plan,鈥 she said, 鈥測ou start a legacy and also send a message that you value education.鈥

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