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Planned giving and will bequests can be general or directed to specific interests and/or needs. Unrestricted gifts offer the most flexibility and allow the SMC Foundation, in coordination with the campus administration, to determine their use based on the College’s critical needs at the time the bequest matures. Upon receipt of the bequest, the Foundation will issue a tax receipt to the estate to offset taxes owed.
Click here to see sample testamentary bequest language.