Stetson University

Gifts of Financial Assets

Depending upon your state of residency, you may be able to name Stetson University, Inc. as a POD (payable-on-death) beneficiary of any financial account including checking, savings, money-market and CDs.

In addition, state law may permit you to name Stetson University, Inc. as a TOD (transfer-on-death) beneficiary of assets such as stocks, bonds and mutual funds.

With either of the above choices, your assets remain under the control of you or your appointee during your lifetime. It is only at your passing (and perhaps your spouse) that the ownership of the accounts would revert to the beneficiaries indicated.

These or any gifts to Stetson may be directed to a particular department, purpose or project. Or you can leave them unrestricted for the university to address the greatest needs at the time.

As with any estate planning technique, please check with your financial and legal advisers who can provide you with specific information that can address your exact wishes. Laws vary from state-to-state and your professional advisers are best equipped to guide your choices.

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