Skip to Content

Larry Pike Is Investing in the Future of Law

Larry Pike 60C 63L is supporting Emory Law with his retirement plan.

Larry Pike 60C 63L is supporting Emory Law with his retirement plan.

As an active board member of the Emory Gift Planning Advisory Council, Larry Pike 60C 63L is well versed in the types of gifts that best support an institution like Emory University. Pike also knows what giving strategies most benefit individual donors given the many years he has advised clients on wealth management at Holland & Knight in Atlanta, where he is a partner.

Combining his professional expertise with his inside perspective on gift planning at Emory, Pike has chosen to name Emory University School of Law as a beneficiary of his retirement plan, a move that allows 100 percent of the allocated funds to be directed toward a place Pike cares about deeply.

"Emory has been very important in my life. I received a full scholarship to attend both Emory College and Emory Law, and I've always been grateful for that. I want to return the investment," said Pike, who recently celebrated his 55th Emory College reunion.

Pike's gift will provide unrestricted funding to Emory Law, enabling the school to continue shaping the future of legal education and research.

Naming Emory as a retirement plan beneficiary is one of many creative gift strategies available to prospective donors. With most retirement plans, income taxes are deferred until the time of distribution, at which point they may consume close to 40 percent of the original amount. When the beneficiary is a charitable organization like Emory, these taxes do not apply, ensuring the greatest impact of the money saved.

Learn More

To find out more about giving opportunities and how your assets can advance a program at Emory that speaks to you, call the Office of Gift Planning at 404.727.8875 or giftplanning@emory.edu.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Emory University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Emory University, a nonprofit corporation currently located at Atlanta, GA, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Emory or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Emory as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Emory as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Emory where you agree to make a gift to Emory and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.