How to make a bequest
There are many ways to include the Scholarship in your Will. The most popular and easiest is a simple bequest.
- Stating a specific monetary or cash gift amount in your Will.
- Designating a percentage of your estate.
- Specifying a residual gift for all or part of your estate after your loved ones and debts have been accounted for.
Depending on your county's tax code, you may be able to include gifts of securities, retirement funds, life insurance or annuities, among other options.
There may be a separately incorporated Rhodes Trust charity in your country of residence that will allow your estate to receive tax benefits.
It is critically important that you use the correct legal name in your Will.
This information is of a very general nature and we always recommend you consult your legal/financial advisor before drafting or updating your Will.