Scholarships Funded Through Woman's Last Will Available to Illinois Students

Feb 28, 2011 - LegalZoom News Sources
Scholarships Funded Through Woman's Last Will Available to Illinois Students

Scholarships are available to seniors at Grayville High School in Illinois, as well as to graduates of the school who are enrolled in junior college thanks to the last will and testament of longtime Grayville resident Mable K. Toops, the Carmi Times reports.

According to the news provider, Toops' will detailed the creation of a trust to assist students from the Grayville school district to earn a bachelor's degree. She reportedly based the selection process on the moral and intellectual qualities of the applicant as well as their financial standing.

The submission deadline for the applications is April 5, and the paperwork can be obtained at the office of Grayville High School as well as Integra Bank N.A. in nearby Evansville, Indiana, according to the news source.

A last will and testament is a document in which a person names who will manage his or her estate after the person's death. Additionally, as in this case, a will can create a form of trust that becomes available after the person passes away.