Planned Giving Charitable Trusts Trusts are formal legal arrangements designating a trustee to receive and hold legal title to property and administer the property according to your instructions.
Trusts can arrange for any financial or administrative function.
A trust can provide for your children, grandchildren or other relatives, with the remainder divided by any number of charities. A trust can provide for charity for a number of years or a lifetime, and then go to any number of heirs or beneficiaries. Trusts can be very simple, or they can be as complex as necessary to meet your various financial, charitable and personal goals. Healthy Lungs Copyright 1998-2001 American Lung Association of Minnesota. All rights reserved.