Bequests: Wills and Living Trusts Giving to the Miller Center through your will or living trust is often referred to as a “bequest.” A bequest from your estate may include cash, securities, real estate, and/or personal property. It can be for a specific amount or for a percentage of your estate. Why Include the Miller Center in My Will? Your bequest to the Miller Center is . . . Tax Wise: A charitable gift through your estate may reduce estate taxes. Revocable: You may change the beneficiaries of your estate at any time. Flexible: Your bequest can be directed to any Miller Center program. Comfortable: A bequest allows you to retain your assets throughout your life. How Do I Make a Bequest to the Miller Center? If you are writing your will or living trust, you will need to include specific language that correctly identifies your support of the Miller Center. If you already have a will, you can add a codicil or amendment to your existing estate plan. Or, if you already have a living trust, you would simply modify the language, directing your trustee to make the desired distributions. Sample Language Unrestricted Bequest (for Miller Center-determined purposes) Restricted Bequest (for a purpose you define) Notify the Miller Center of your bequest and join the Burkett Miller Society. For more information on making a planned gift, please contact us. Bequests (Wills or Living Trusts) Retirement Plan Assets Charitable Gift Annuities Charitable Remainder Trusts Charitable Lead Trusts Donating Real Estate Life Insurance Planned Giving Brochure (PDF) UVA Planned Gift Calculator The Burkett Miller Society The Miller Center Foundation does not provide legal, tax or financial advice. We strongly recommend that you consult professional advisors on all legal, tax or financial matters, including gift planning considerations.