Many people use a revocable living trust to manage their assets while they live.
The trust may also continue after death, distributing assets and managing them for loved ones. You can also make gifts to Notre Dame with a living trust. You can arrange for a yearly charitable gift to Notre Dame out of the earnings of the trust. And, upon your death, you may simply want to bequeath all or part of the remaining assets in the trust as a charitable gift to the University as well. The Charitable Lead Trust is essentially the opposite of the remainder trusts.