Gift Planning

Building Westmont's
Future Together

Our Gift Planning team has experience across a range of giving opportunities, and we are always available for phone calls and personal visits to discuss your particular areas of interest, from designating Westmont in your wills or trusts to exploring life income gifts with generous tax benefits.

We offer supplemental estate planning and tax guidance information on these web pages through our planned giving partner, Crescendo Interactive, Inc. Based in Camarillo, CA, Crescendo has been a preferred service provider for over 30 years among colleges, universities, faith organizations, professional advisors and other nonprofit organizations.

Mona Motte Wilds
Director of Gift Planning

Text Resize

Westmont College's Bequest Language

An excellent way for you to support Westmont College's mission is to leave a bequest in your will or living trust. One significant benefit of making a gift by bequest is that it allows you to continue to use the assets you intend for charity during your lifetime. You also leave a lasting legacy.

Types of Bequests


There are a number of ways you can make a bequest to Westmont College.

Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, stocks, bonds and other marketable securities, a car, other property; or a gift for a specific dollar amount. For example, you may wish to leave your home, art collection, or $25,000 to Westmont College.

Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Westmont College.

Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Westmont College, after specifying bequests for each family member.

Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a family member or loved one, but the bequest language could provide that if that person is not alive at the time of your death, the vacation home would go to Westmont College.

Bequest Benefits


A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Bequest Language


In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Westmont College in your estate plan. We have provided some basic bequest language to assist you and your attorney.

1. Specific Bequest

If you are considering making an outright bequest to Westmont College, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

Bequest of Specific Real Estate

I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to Westmont College, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

3. Residual Bequest

I hereby give, devise and bequeath to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID # 95-1684793, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Westmont College's general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID # 95-1684793, DESCRIPTION OF PROPERTY to be used for Westmont College's general use and purpose.

Restricted Bequests


If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.

If you are making a restricted bequest, we recommend that your attorney include the following provision to give Westmont College flexibility should it no longer be possible for Westmont College to use your gift as you originally intended:

If, in the judgment of the Board of Trustees of Westmont College, it shall become impossible for Westmont College to use this bequest to accomplish the specific purposes of this bequest, Westmont College may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.

Contact Us


Please contact the gift planning staff if you have any questions about how to make an estate gift to Westmont College or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.

If you have already included a bequest for Westmont College in your estate plan, please let us know, so we may thank you.

scriptsknown
Text Resize

Westmont College's Bequest Language

An excellent way for you to support Westmont College's mission is to leave a bequest in your will or living trust. One significant benefit of making a gift by bequest is that it allows you to continue to use the assets you intend for charity during your lifetime. You also leave a lasting legacy.

Types of Bequests


There are a number of ways you can make a bequest to Westmont College.

Specific Bequest. A specific bequest involves making a gift of a specific asset such as real estate, stocks, bonds and other marketable securities, a car, other property; or a gift for a specific dollar amount. For example, you may wish to leave your home, art collection, or $25,000 to Westmont College.

Percentage Bequest. Another kind of specific bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to Westmont College.

Residual Bequest. A residual bequest is made from the balance of an estate after the will or trust has given away each of the specific bequests. A common residual bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to Westmont College, after specifying bequests for each family member.

Contingent Bequest. A contingent bequest is made to charity only if the purpose of the primary bequest cannot be met. For example, you could leave specific property, such as a vacation home, to a family member or loved one, but the bequest language could provide that if that person is not alive at the time of your death, the vacation home would go to Westmont College.

Bequest Benefits


A bequest is generally a revocable gift, which means it can be changed or modified at any time. You can choose to designate that a bequest be used for a general or specific purpose so you have the peace of mind knowing that your gift will be used as intended. Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes, resulting in a larger inheritance for your heirs.

Bequest Language


In order to make a bequest, you should speak with your attorney. Your attorney can help you include a bequest to Westmont College in your estate plan. We have provided some basic bequest language to assist you and your attorney.

1. Specific Bequest

If you are considering making an outright bequest to Westmont College, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby give, devise and bequeath _________ and No/100 dollars ($DOLLARS) to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

Bequest of Specific Personal Property

I hereby give, devise and bequeath DESCRIPTION OF PROPERTY to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

Bequest of Specific Real Estate

I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

2. Percentage Bequest

If you are considering making a bequest of a percentage of your estate to Westmont College, we recommend the following language:

I hereby give, devise and bequeath ____ percent (___%) of my total estate, determined as of the date of my death, to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID #95-1684793, for Westmont College's general use and purpose.

3. Residual Bequest

I hereby give, devise and bequeath to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID # 95-1684793, ALL OR A PERCENTAGE of the rest, residue and remainder of my estate to be used for Westmont College's general use and purpose.

4. Contingent Bequest

If (primary beneficiary) does not survive me, then I hereby give, devise and bequeath to Westmont College, a nonprofit organization located at 955 La Paz Road, Santa Barbara, CA, 93108, Federal Tax ID # 95-1684793, DESCRIPTION OF PROPERTY to be used for Westmont College's general use and purpose.

Restricted Bequests


If you are considering a bequest but would like to ensure that your bequest will be used for a specific purpose, please let us know. We would be happy to work with you and your attorney to help you identify ways to give and meet your charitable objectives. We will also work with you and your attorney to craft language to accomplish your goals.

If you are making a restricted bequest, we recommend that your attorney include the following provision to give Westmont College flexibility should it no longer be possible for Westmont College to use your gift as you originally intended:

If, in the judgment of the Board of Trustees of Westmont College, it shall become impossible for Westmont College to use this bequest to accomplish the specific purposes of this bequest, Westmont College may use the income and principal of this gift for such purpose or purposes as the Board determines is most closely related to the restricted purpose of my bequest.

Contact Us


Please contact the gift planning staff if you have any questions about how to make an estate gift to Westmont College or to request any additional information that might be helpful to you and your attorney as you consider making a bequest to us.

If you have already included a bequest for Westmont College in your estate plan, please let us know, so we may thank you.

scriptsknown

Donor Stories

Learn how our supporters have made an impact through their acts of giving to Westmont. Be inspired by the various ways of giving used by our alumni, parents and friends.

Learn More