Back to Ways to Give Estate and Planned Gifts Plan for the Future Leave a legacy of support for your health care mission. Bequest – A bequest is a transfer of property, such as cash, securities or tangible property, to an individual or charitable organization by will or living trust. For many donors, a bequest offers the opportunity to make a more substantial gift than would be possible during the donor’s lifetime. Other donors view a bequest as an opportunity to put the finishing touches on a lifetime of giving with a lasting legacy to the University of Michigan. Bequests are a very popular, simple and impactful way to provide long-term support for Michigan Medicine programs. Charitable Gift Annuities – A charitable gift annuity can help you turn assets into a stable, lifetime income stream as you support the university’s mission of education, research, and patient care. A gift annuity is a simple contract that is easy to set up. Charitable Remainder Trusts – A charitable remainder trust offers a number of financial planning benefits and a way to make a charitable gift which will provide annual payments to one or more beneficiaries for their lifetimes or for a specific term of years. Beneficiary Designation – A beneficiary designation is a transfer of property, such as a retirement account, investment account, donor-advised fund or life insurance proceeds, at death to beneficiaries. Naming Michigan Medicine as a beneficiary of an asset is also a popular, simple way to leave a lasting impact To learn more about planned gifts, contact Jane Langeland, director of planned giving, at 734-998-7587 or [email protected]. For more information, visit plannedgiving.umich.edu.