Types of Planned Gifts


In addition to University of Puget Sound, your planned gift may also offer considerable benefits to you and your family. A planned gift can:

  • Reduce your current income and capital gains taxes, as well as gift and estate taxes.
  • Provide income for you and/or a beneficiary, such as your spouse or another family member.
  • Provide you with the satisfaction of making a substantial contribution toward the college’s current and future needs, and recognition for your generous intentions through membership in the Legacy Society.


Choose the planned gift that's right for you.

Choosing the right planned gift depends on your personal circumstances and financial goals.


You may make a bequest or gift through your estate by including a provision in your will or living trust, or by naming University of Puget Sound as a beneficiary of a retirement plan or life insurance policy. 


A life income gift allows you to give assets to University of Puget Sound while providing yourself or others with income for a period of time before University of Puget Sound is permitted to use your gift. You may make a life income gift by transferring securities, cash, or other property to University of Puget Sound. The university then manages the investment of the assets and pays an income to you or your designated beneficiaries. 

There are several kinds of life income gifts available at University of Puget Sound:

Charitable Gift Annuities
In exchange for an outright gift, University of Puget Sound agrees by contract to pay a fixed amount each year to you and/or another beneficiary for life. 

Charitable Remainder Trusts
You establish a trust from which you and/or other beneficiaries receive either fixed or variable annual payments for life and/or a term of years, after which the remainder of the trust assets go to University of Puget Sound for the purposes you designate.


Charitable Lead Trusts
A charitable lead trust makes an annual payment to University of Puget Sound for a period of years, and at the end of the term, the remaining assets go to your children or other beneficiary.