Bequests & Life Insurance
Bequest
A gift to the College provided under the written terms of the donor's will. Some estate and inheritance tax may be avoided based upon the distribution of the bequest under the terms of the will. Bequests may be unrestricted, restricted, contingent or conditional.
Life insurance
A donor may wish to make a gift to the college by naming Nevada State College as a beneficiary on a life insurance policy. This is a simple and convenient method of gifting to the College. It provides a tax deduction to the donor, based upon premiums paid, it is paid directly to the College and avoids estate and probate taxes, and the amount of the gifts is predetermined.