Sample Bequest Language for the University of Michigan
A bequest to the University would normally include language like this:
Unrestricted Bequest
I give, devise, and bequeath to the Regents of the University of Michigan, a Michigan constitutional corporation, (a) the sum of $___________, or (b) ______% of my estate to be used for the benefit of the University of Michigan [Ann Arbor, Flint, or Dearborn campus] as the University may determine.
Restricted Bequest
I give, devise, and bequeath to the Regents of the University of Michigan, a Michigan constitutional corporation, (a) the sum of $________ or (b) ______% of my estate to be used for the benefit of the University of Michigan [Ann Arbor, Flint, or Dearborn campus] as the University may determine or (b) for the purpose(s) of _________________________________ or if such use, in the judgment of the University is or shall become impracticable or unwise, then for such purpose(s) as the University shall determine.
Residuary Bequest
I give, devise, and bequeath to the Regents of the University of Michigan, a Michigan constitutional corporation, (a) all or (b) _____% of the rest, residue and remainder of my estate to be used (a) for the benefit of the University of Michigan [Ann Arbor, Flint, or Dearborn campus] as the University may determine; or (b) for the purpose(s) of _______________________________, or if such use, in the judgment of the University, is or shall become impracticable or unwise, then for such purpose(s) as the University shall determine.
Contingent Bequest
If the above named legatees or devisees (or beneficiaries) should predecease me, then I hereby give, devise and bequeath the same to the Regents of the University of Michigan, a Michigan constitutional corporation to be used (a) for the benefit of the University of Michigan [Ann Arbor, Flint, or Dearborn campus] as the University may determine or (b) for the purpose(s) of ________________________________, or if such use, in the judgment of the University, is or shall become impracticable or unwise, then for such purpose(s) as the University shall determine.
For More Information
For more information or for specific suggested bequest for an endowment or a particular designation, please contact the Office of Planned Giving at (734) 615-2022 or by email at giving2@umich.edu.