Gifts through a will

Gifts through a will

Making TMI a beneficiary or a partial beneficiary of a will is easy.  A simple codicil, or addendum, is all a donor needs. A donor can add to a will in several ways:

  1. Leave an outright gift of money
  2. Leave a percentage of an estate
  3. Make TMI the residual beneficiary of an estate
  4. Leave a specific asset in an estate (a piece of real estate, interest in a business, stock account, a savings account, a bond fund, etc.)

Sample Will Language

You may find it helpful to have sample will language to share with an attorney:
 
I give, devise, and bequeath to Texas Military Institute, a non-profit Texas corporation, located at 20955 West Tejas Trail, San Antonio, Texas, the sum of $____ (or, ____ percent of my estate, or, ____ percent of the residue of my estate) to be used for such purposes as the Board of Governors determines at the time this bequest becomes effective.

Example:  As John would like to leave a legacy, he adds a codicil to his will providing that 10% of his estate, after the specific bequests he makes to family and friends, goes to TMI.  John knows that he has provided a long-term benefit to a cause important to him.

Have Questions?

For more information on ways to give to TMI or to find out how you can submit your gift to TMI, please contact our Advancement Department, at advancement@tmi-sa.org.

Please remember that when making a financial decision, you should always seek the opinion of your professional tax adviser or legal counsel.
 

Creative Ways to Give

Give Through Your Estate

MISSION: TMI provides an exceptional education with values based on the teachings of Jesus Christ that challenge motivated students to develop their full potential in service and leadership.

NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS
TMI Episcopal admits students of any race, color, national and ethnic origin, sex, religion, and physical ability to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. The school does not discriminate on the basis of race, color, national and ethnic origin, sex, religion, and physical ability in administration of its educational policies, admissions policies, scholarship and financial aid programs, and athletic and other school-administered programs.
TMI Episcopal
20955 W. Tejas Trail
San Antonio TX 78257
phone (210) 698-7171
fax (210) 698-0715