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Making a bequest to the University of Antwerp

It is also possible to donate to the University of Antwerp by making a bequest, which is a kind of donation made in a will. Both personal property and immovable property can be bequeathed.

Bequests made to the University of Antwerp are exempt from inheritance tax.

The donor can specify a particular destination for the bequest, such as:

  • research to be carried out in a particular area;
  • a fund set up at the University of Antwerp which will have a specific goal.

More detailed information about the necessary arrangements can be found on this website.

The University of Antwerp is participating in the testament.be campaign.

 

Types of bequests

  • Universal bequest:  Under Belgian law, a 'universal bequest' ('algemeen legaat') is the expression of the donor's will to bequeath his or her entire estate to the University of Antwerp. If you wish to bequeath your entire estate to the University of Antwerp, the University of Antwerp becomes your 'universal legatee' or heir.
  • Bequest under universal title: A 'legatee under universal title' ('legataris onder algemene titel') receives only a particular part of the estate or a specific category of goods, such as the donor's personal property.
  • A bequest which is neither a universal bequest nor a bequest under universal title, such a valuable collection, is referred to as a 'specific bequest'. 
  • Duo bequest: A 'duo bequest' allows the donor to leave one part of his or her estate to a good cause (such as the University of Antwerp) and another part to the heirs. Duo bequests can be fiscally advantageous if you wish to leave part of your estate to someone who would ordinarily have to pay high inheritance taxes. This inheritance tax is paid by the charity (i.e. the University of Antwerp), which receives part of the inheritance itself. This might be a particularly good option for donors who have no direct heirs, since neighbours and friends who inherit property have to pay high inheritance taxes. The duo bequest means that their inheritance taxes are paid by the University of Antwerp, which does not have to pay inheritance tax for the portion of the estate it receives. This means that a higher net amount is left over for the beneficiary.

 

Your notary can provide you with more information about the best way to bequeath financial means in a will.

Will    

If you wish to set out what will happen to your property later on, you can draw up a will. A will stipulates what should be bequeathed to whom. However, you are not entirely free to choose who gets what, since the law determines the order of inheritance. In normal circumstances, the longest living spouse, children and grandchildren inherit everything. Next in line are parents, siblings and cousins. If there is no family, the state receives the entire estate. When settling the inheritance, the executor first considers heirs from the first category. Heirs from the second category are only considered if there are no heirs in the first category.

A will allows you to freely divide the remaining portion of your estate (i.e. the part that does not necessarily go to your partner or children).  This might involve leaving part of your property to particular people or institutes, such as the University of Antwerp. If you have no children or family, it is wise to draw up a will.

A personally written will is one that is written entirely by yourself, dated and signed. You do not need to send the will off to a notary, but it is advisable to do so because this will prevent it disappearing or getting lost.

An 'authentic' or notarial will is drawn up by a notary. You dictate the will to the notary in the presence of two witnesses. You sign the will and the notary registers it in the national register. The notary also retains the will for safekeeping. A notarial will is very difficult to dispute.

An international will also requires the presence of a notary and two witnesses.  You present the will to a notary after writing and signing it. The notary then draws up a declaration which is kept under seal.

If you are considering drawing up a will, it is best to consult a notary. He or she can provide you with unbiased advice.

 

Bequests made to the University of Antwerp          

The University of Antwerp has been fortunate enough to receive a number of bequests over the years, which have enabled us to set up the initiatives below:

  • The Rosa Blanckaert Bequest: The Rosa Blanckaert Foundation donated €10 000 to be awarded in four grants of €2500 each to predoctoral researchers working in the natural and biomedical sciences, especially those conducting research on human suffering (whether directly applicable from a medical/biomedical perspective or of a more fundamental nature).
  • Bequests and donations from Matthieu, Stradling College, Roland and Mercier-Boveroux: Bequests and donations from Matthieu et al. have meant that €6000 can be awarded as three grants of €2000 each to predoctoral researchers in the social and human sciences.
  • The Baetens Bequest: This bequest finances two four-year FWO postdoctoral fellowships with the aim of fighting cancer, coronary and vascular diseases and dementia.
  • The Baetens-Van Mechelen Bequest: Professor Christine Van Broeckhoven (University of Antwerp) is a beneficiary in the joint will of married couple Baetens-Van Mechelen. The couple have bequeathed €750 000 to help finance the Antwerp scientist's research on Alzheimer's disease.

Contact

Universiteitsfonds M.A.304
Middelheimlaan 1
2020 Antwerpen
Tel. +32 3 265 31 29
universiteitsfonds@uantwerpen.be