Bequests or Living Trusts
A gift through your will or a living trust perpetuates your support for the Law School while yielding estate tax advantages. You can bequeath a specific dollar amount, or a portion of what remains after your obligations to others are fulfilled.
You can include NYU School of Law in your will or living trust by using the following language: “I give, devise and bequeath [assets/% share of the residue of my estate] to NYU School of Law, a New York education corporation with its principal office at 70 Washington Square South, New York, NY 10012.”
(Please consult with your tax professional to see how these alternatives might affect your tax liability.)