Trained staff members are available to assist you in preparing additional guidelines for your gift. Through a revocable trust arrangement, you can transfer cash, securities, or other property to the Foundation. Upon your death, the Foundation receives the trust assets, to be used for the purposes you specify. By making the gift through a revocable living trust, instead of through your will, you ensure that the gift you plan is intact and passes directly to the Foundation, without delay. In addition, you may save probate costs in the estate settlement for your heirs or the Foundation, since this part of your estate is automatically transferred outside of probate.
Revocable trusts provide no income tax deduction.
The following is the suggested form for making gifts by revocable living trust. It is to be used as a guide for those consulted in the preparation of trusts. Other forms are available upon request. Trained staff members are available to assist you in preparing additional guidelines for your gift. A way to give and receive A life income agreement can take several forms, depending on your particular circumstances.