|
Home > Planned Giving > A Living Trust Could Be the Key to Your Estate Plan A Living Trust Could Be the Key to Your Estate PlanDid You Know?You can include a gift to Sisters Hospital Foundation in your will or living trust to continue your support of our mission after your lifetime. A living trust generally is not a stand-alone estate planning document, and it is not a substitute for a will. A living trust should always be created in tandem with a 'pourover' will. This document directs that, upon your death, any property that passes under your will is to be transferred into the trust and distributed according to its terms. This safety net catches any assets that were able to go inside the trust yet were not previously transferred into it. Using a will and a revocable living trust together creates a winning combination. Please call Julie Snyder at 716-862-1992, or e-mail us at jsnyder@chsbuffalo.org, for more information. Copyright © The Stelter Company, All rights reserved.
The information in this Web site 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. |