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You may have planned your estate through a revocable trust instead of a will. A transfer to Lyon College from your trust will bring you the same tax and planning benefits as a bequest from a will. A bequest can deliver a specific dollar amount, or a percentage of the balance remaining in your estate after taxes and specific bequests have been paid. Your bequest or trust distribution to us will reduce the taxable value of your estate for federal estate tax purposes, and is exempt from state inheritance taxes. Suggested Text for a Bequest: "I bequeath Ten Percent (10%) of the residue of my estate to Lyon College, an Arkansas non-profit corporation located in Batesville, AR, for its general purposes". To learn more about bequests, email us, complete the personal illustration form, or call us at 870-793-1767 so that we can assist you.
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A gift to Lyon College in your will or revocable trust proclaims your confidence that we will continue to pursue our mission and make a difference for future generations. A bequest is easy to arrange, does not affect your assets or cash flow during your lifetime, and is revocable.