Our Donors & Their Gifts
John Appel '57
"During the process of reviewing my estate plan, I learned that an IRA is ultimately subject to both income and estate taxes. Realizing the possibility of this potential reduction of long-term savings, I decided on a plan of action to prevent it. The best solution for me was to name Yale the beneficiary of my IRA. By doing so, and by having other assets pass under my will to my family, I may actually be able to leave more for my wife and children and save taxes at the same time. I am very fortunate to have attended Yale and have always been proud to be a Yale graduate. It is heartwarming to see Yale succeeding in all its endeavors and always at the forefront of the world's leading universities. I recall what a great year my 50th reunion year was for me...and for Yale: five Rhodes scholars, thirty-one Fulbright scholars (more than any other one school), Yale 34: Harvard 13. Ah yes, a memorable year!"