Planned gifts are critical to the Law School. They help us build our endowment, fund capital improvements, and underwrite projects of particular importance to the Law School. Planned Gifts can take many forms. In addition to bequests, they include gifts of life insurance, retirement plan assets, charitable remainder trusts, charitable retained life estates and lead trusts. The Development Office would be happy to assist you in exploring the various options and your potential benefits. For more information, please contact Jean Smith, Director of Development, at (718) 780-0638.
Types of Testamentary Gifts
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Cash Bequest: Brooklyn Law School receives a specified dollar amount.
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Bequest or Devise of Property: Brooklyn Law School receives specified assets, such as securities, an interest in real estate (e.g., a second home or a parcel of undeveloped land), a partnership interest, or tangible personal property (e.g., artwork, jewelry, antiques or book collection).
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Residuary Bequest: Brooklyn Law School receives all or a percentage of the remainder of an estate after specific legacies, debts, taxes, and estate expenses have been deducted.
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Contingent Bequest: Property is distributed to Brooklyn Law School only if the donor outlives other named beneficiaries.
Bequest to a Life Income Plan: Pursuant to a will, a plan can be structured to provide one or more loved ones with income for life, after which the assets pass to Brooklyn Law School.