Planned Giving - Wills and Living Trusts

You can make a gift (bequest) to Eight/KAET through your will or living trust as
1) a percentage of your total estate;
2) a specific amount, or
3) the residue or a percentage of the residue of your estate.

We have provided details for each, along with sample bequest language for your attorney.

1. A percentage of your total estate — In using this approach, your gift adjusts with changes in the size of your estate.

Sample bequest language for your attorney:

"I give (insert dollar amount or percentage of estate) to the Arizona State University Foundation, a separate, nonprofit corporation, located in Tempe, Arizona, to be used by it for the benefit of Arizona State University's affiliate Public Television Station, KAET-TV, Channel 8, in Tempe, Arizona. Should KAET cease to exist my gift shall then be used for the benefit of the Public Television Station then-exisiting and affiliated with Arizona State University."

2. The residue or a percentage of the residue of your estate — After your specific gifts to loved ones have been made, you may designate that the entire residue or a percentage of the remainder shall go to one or more charitable organizations. With this approach as well, your gift adjusts with changes in the size of your estate.

Sample bequest language for your attorney

"I give the rest and residue of the property I own at my death to the Arizona State University Foundation, a separate, non-profit corporation, located in Tempe, Arizona, to be used by it for the benefit of Arizona State University's affilate Public Television Station, KAET-TV, Channel 8, in Tempe, Arizona. Should Eight/KAET cease to exist my gift shall then be used for the benefit of the Public Television Station then-existing and affiliated with Arizona State University."

3. A gift of a specific amount — You specify a dollar amount to be given to one or more charitable organizations. With this kind of gift, it is especially important to keep your will or trust up-to-date.

Sample bequest language for your attorney

"I give (insert specific asset) to the Arizona State University Foundation, a separate, non-profit corporation, located in Tempe, Arizona, to be used by it for the benefit of Arizona State University's affiliate Public Television Station, KAET-TV, Channel 8, in Tempe, Arizona. Should KAET cease to exist my gift shalle then be used for the benefit of the Public Television Station, then-existing and affiliated with Arizona State University."

Eight/KAET's Federal Tax I.D. Number
Your attorney may want Eight/KAET's tax I.D. number. It is 86-60051042

Regarding Legal Advice
This suggested bequest language is provided to you for your iinformation and your attorney's use. It is not intended as legal advice, your will should be prepared by a reputable attorney. We urge you to discuss your estate and tax situation with your attorney to ensure that your bequest meets your personal and financial goals. For example, you should consider and discuss with your attorney which assets are most appropriate for your charitable bequest, such as whether your bequest should be paid with assets constituting income in respect of a decedent. If you or your attorney requires additional information, please call us. We would be happy to assist you.

Meet Arizona's own Jacque LaVista, an Eight Legacy Society member.
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Join our Legacy Society
If you have made provisions for Eight/KAET in your will or living trust, you're eligible to join our Legacy Society, which honors the philanthropic leadership and vision of individuals who have so thoughtfully provided for the future of public broadcasting through a planned gift. Our Legacy Society is growing rapidly, and in joining, you are encouraging others to do the same.

Find out more
Planned Giving-Overview
Lead Trusts
Real Estate Gifts
Retirement /Life Insurance Gifts
Stock Gifts
Remainder Trusts

Please Let Us Know Your Plans
By informing Eight/KAET of your Legacy Gift, you help us prepare for the future. And, equally important, you also give us the chance to thank you for your generosity.

For more information, contact

Gary McMahan
Associate Director, Development
Philanthropic Gifts Office
480-965-9693
gary.mcmahan@asu.edu

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