Philanthropy in Action: What Will Your Legacy Be?

12/14/2022

Has LSMSA made a difference in your life or that of a loved one? Would you like to make a difference to future generations of Eagles? Have you considered leaving a legacy gift to LSMSA? It’s easy through including LSMSA in your estate plans. Thoughtful gift planning enables you to provide a much greater impact than you ever imagined.

Answers to Frequently Asked Questions

Q. Who needs a will?

A. In most cases, those who own property and are concerned about who will ultimately receive it need a will. Regardless of your age or financial standing, it is important to take charge of deciding who will one day enjoy the property you have accumulated over your lifetime. Without a will, state law will control who receives what and how much from your estate, regardless of your wishes.

Q. Do both spouses need wills?

A. Yes. Husbands and wives share the same need for making wills, even if much of their property is held jointly.

Q. I’m still young -- when should I create my estate plan?

A. It is never too soon to start planning for the future, whether you are recent grad, seasoned alumni, or the parent or grandparent of current students and alumni. Thoughtful gift planning enables you to provide a much greater impact than you ever imagined.

Q. Who can help me with my estate planning?

A. Your financial advisor and a lawyer that specializes in estate planning. We will be happy to work with them to ensure your wishes for LSMSA are included. There are many strategies that may work for you including a simple bequest, life insurance, charitable gift annuities, and charitable remainder trusts. Your professional advisors will guide you in choosing what works best for you.

Q. What are some other benefits of a charitable bequest?

A. Bequest giving has many benefits:

Your bequest may produce tax savings
Charitable bequests are easy to update
You know where your money is going
You can still benefit your heirs with specific gifts

Click here to learn more about the LSMSA Foundation and how you can support the efforts of the school.

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Louisiana School for Math, Science, and the Arts

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Natchitoches, LA 71457
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Louisiana School for Math, Science, and the Arts (LSMSA) is the preeminent state-supported residential high school with competitive admissions for Louisiana's high-achieving, highly-motivated sophomores, juniors, and seniors. As a public school, there is no tuition to attend, and assistance from the LSMSA Foundation ensures the program is available to all qualifying students regardless of family financial need.