Making a Bequest Provision
For many donors, a bequest provision for Andover is well suited to their circumstances. You may establish your ultimate gift through a new will, a codicil to your existing will, a revocable trust, or a retirement plan (retirement plan assets are often the best asset to leave to Andover since such transfers are not subject to estate or income tax). Bequests are tax deductible for estate tax purposes. Provisions should be made for “The Trustees of Phillips Academy in Andover, Massachusetts.”
To receive additional information about making a bequest provision for Andover, or if you already have made a bequest provision, please contact David Flash, director of gift planning.