An inherited Individual Retirement Account (IRA), sometimes known as a Beneficiary IRA, refers to an account that is created to hold the IRA or employee-sponsored retirement plan assets that someone has inherited after the death of the original owner. Typically, an inherited IRA is opened by a family member or a close friend who was named […]

Through planned giving, many Duke alumni and friends are able to make larger gifts to the university than they may have thought possible. Planned gifts—such as a gift through your will, retirement account, or a life income gift—impact all aspects of the university from facilities and programs to student scholarships and faculty support. Duke University […]

As an associate director of gift planning, I speak with a lot of Duke alumni and friends across the country about ways to support the university. Here are the four most common questions I receive from donors, alumni, and friends of Duke about planned giving: 1.  What is a planned gift and why should I […]

Several years ago, we had the pleasure of working with a Duke alumnus who wanted to donate a life insurance policy to Duke. We asked him how he came up with the idea to donate the policy as opposed to other assets he had on hand. He answered, “It was like looking in my closet […]