However, careful planning for the disposition of retirement plan assets will avoid unnecessary tax costs. By naming a qualifying charity such as Missouri State University as a survivor beneficiary of your retirement assets, the gift becomes completely exempt from estate tax, income tax and generation-skipping transfer tax, permitting you to make your gift at very low actual cost to your heirs. If you intend to leave a legacy to Missouri State University or another qualified charity through your will, prudent planning might call for you to make your gift from retirement plan assets instead, leaving the lesser-taxed assets to your family.
Missouri State University Foundation
Kenneth E. Meyer Alumni Center
300 South Jefferson, Suite 100
Springfield, MO 65806
417-836-4143 · Fax: 417-836-6886
Establish a legacy at Missouri State through your will or estate. Working with your attorney or financial advisors, we can help you plan your gift to maximize your benefits. Please email Wendy Ferguson or call 417-836-4143 for more information.