Gift Planning
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In the 1950s, A.J. Falcone (J.D. '55) worked his way through UMKC School of Law, first as a cashier and stock clerk for a midtown grocery store, then as a law clerk. A scholarship would have meant all the difference to Falcone, who went on to practice trial advocacy in Kansas City.
Falcone knows the difference financial support could make to a struggling student. He recently committed $335,000 in a charitable trust to provide scholarships to second and third-year law students specializing in trial advocacy.
"When I was at UMKC, I really appreciated the camaraderie among the law students, and the common goal of struggling through law school," Falcone says. "My positive experience with the Law School, plus my interest and desire to promote trial advocacy prompted me to donate."
Falcone wanted his scholarship to be awarded to students who do not have the highest grade point averages. In his experience, top grades are not a predictor of a worthy career in trial advocacy.
"Trial lawyers are unique...they're a different breed. For some people it comes naturally. Others are quick on their feet and able to put together a solid argument," he says. "I'd like to afford an opportunity to somebody who is not at the top; to pick people based on need...a good person who needs the opportunity and is a deserving student," Falcone says.
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The information in this publication is not intended as legal advice. For legal advice, please consult an attorney. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income tax include federal taxes only. Individual state taxes and/or state law may impact your results.
