If you wish to make an unrestricted gift to Silver Lake College, one of the following forms would be applicable. Bequest Naming the College Final Contingent Beneficiary I give and bequeath the residue of the property owned by me at my death, real and personal and wherever situate, to equal shares to my above named beneficiaries, if they survive me. If the above named beneficiaries do not survive me, I give and bequeath my residuary estate to Silver Lake College of the Holy Family, Inc., a non-profit Wisconsin corporation headquartered in Manitowoc, Wisconsin, for its charitable uses and purposes. You are encouraged to contact the Vice President of Development when planning such gifts, since joint planning will assure that your objectives will be met. If you plan to establish a named endowed scholarship, for example, all of the criteria for awarding the scholarship can be established in advance and kept on file in the Development Office to assure that your wishes are specifically followed.
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In the event that such use shall in the judgment of the Directors of Silver Lake College become impracticable, then for such purpose as the Directors shall determine. In the event that such use shall in the judgment of the Directors of Silver Lake College become impracticable, then for such purpose as the Directors shall determine. Other types of planned gifts may also be established through your will. Testamentary Charitable Trust or Annuity A Testamentary Charitable Trust or Annuity may be set up to provide life income to a survivor with the principal going to our institution on the survivor's death. A Testamentary Charitable Lead Trust may be established in your will to eliminate estate and inheritance taxes, and thus increase your estate for your children, grandchildren or other heirs, while continuing your important annual support for Silver Lake College for a specific number of years.