Frequently Asked Questions
What kind of assets can be used to make a planned gift?
Cash, securities, real property, and retirement plans are examples of assets that can be used to fund planned gifts to DLSU-D.
What does the term "trust" mean?
A trust is a legal instrument for which a trustee is named to hold and manage the assets for you.
Can I change my mind in regard to a bequest?
Yes. A charitable bequest made in your will or living trust is revocable during your lifetime.
Do I have to tell the University if I have included it in my will?
We encourage you to do so and will work with you to ensure that your gift intention is fulfilled.
How can I use my life insurance policy to benefit the University?
This is an avenue of giving that is often overlooked. You can name one ore more charities as the primary or secondary beneficiary of your policy. Or, if you no longer need the policy, you can transfer ownership of the policy to a charity and thereby reduce your estate by the face amount of the proceeds. In this case, you may receive a charitable income tax deduction for the basis of the policy and for any future premiums you continue to gift to the charity.
(Source/References: A Guide to Strategic Corporate Giving in the Philippines)
Office of the Vice Chancellor for Mission, External Affairs and Development
106 Gregoria Montoya Hall
De La Salle University-Dasmariňas
+632 844 78 32; +6346 4164554 local 3003, 3004 or 3017