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Home > Planned Giving > Put Some Kick Into Your Estate Plan by Using Trusts

Put Some Kick Into Your Estate Plan by Using Trusts

Remember These Other Important Documents

In addition to considering a revocable living trust, make sure you have a will, a living will and a durable power of attorney in place.

Make sure your trust is updated regularly. Tax laws, family circumstances and financial situations are always changing. The living trust you create today may not be appropriate for you in five or 10 years, and the choices you have made with regard to trustees and guardians may no longer meet your needs. For these reasons, it is important to review your living trust with your attorney at least every three years.

We hope our Web site has answered many of your questions about living trusts. Here are some actions to take to learn more about this estate planning tool.

  • Set up a meeting with your estate planning attorney to determine whether a living trust is right for you.
  • Learn more about leaving it all behind through your will and living trust.
  • Contact Julie Snyder at 716-862-1992 or jsnyder@chsbuffalo.org with any questions you may have about naming Sisters Hospital Foundation in your living trust or other estate plans.
  • If you'd like to remember Sisters Hospital Foundation after your lifetime, share our sample bequest language with your estate planning attorney. The official bequest language for Sisters Hospital Foundation is: "I, [name], of [city, state, ZIP], give, devise and bequeath to Sisters Hospital Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

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.