A bequest is a provision in a last will and testament where a contribution or property is transferred from the estate to a charitable organization.  

The most common type of security donated to Maclay School is stock.  To transfer stock to Maclay, please contact the Maclay Advancement Office at (850) 893-8465, The tax deduction credit is valued at the mean (average) of the high and low quotes for sale on the day of the contribution.

The gift of life insurance is another way to facilitate a planned gift to Maclay School.  In this process, the school becomes the owner and beneficiary of the policy.  You may make the school the beneficiary of the policy if the policy is an existing paid-up life insurance policy, an existing policy on which you are still making payments, or a new policy that you purchase.

A beneficiary designation form or online designation is generally what is required to include the school in your estate plans, utilizing one or more of your retirement accounts.  

Charitable Trusts are mutually beneficial for both the donor and the charitable organization. By creating a unitrust or annuity trust the donor receives an income during their lifetime. By transferring a portion of assets to a charitable organization, the donor may reduce their overall estate and consequently reduce capital gains taxes on the assets while establishing a regular stream of income.