3 Ways to Ensure Family Comes First

Naming Bloomfield College as a beneficiary in your will is a simple way to enable the future of our important work. But maybe you’ve hesitated because you’re unsure about how much to give.

Because life is unpredictable and the value of your assets is likely to rise and fall, you don’t want to risk that someday your charitable gift could outweigh the well-being of your family. Fortunately, there’s a solution.

Percentage Giving

Instead of a fixed amount, consider gifting a percentage of your estate or of specific assets. That way, gifts to loved ones and to organizations such as Bloomfield College remain proportional—no matter how your estate fluctuates.

Here are three simple ways to put family first while supporting those we serve:

  1. Gift a percentage of your estate to Bloomfield College in your will.
  2. Leave Bloomfield College a percentage of your residual estate (the portion of your estate that remains after all gifts have been made and all claims of the estate are satisfied).
  3. Name Bloomfield College as a beneficiary of a percentage of your life insurance policy or retirement account.

Be sure to let us know that you have named us as a beneficiary so we can contact your administrator at the appropriate time and put your gift to work as you intend.

Your Gift Matters

Giving a small percentage of your estate can have a bigger impact on Bloomfield College than you might think. Contact Rich Basler at (973) 748-9000 ext. 1295 or richard_basler@bloomfield.edu today if you have questions about naming us as a beneficiary. If you’ve already named us as a beneficiary, please let us know so we can thank you for your generosity.

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