Revocable Living Trusts

Define your legacy with flexibility and control

A revocable living trust is a powerful estate planning tool that allows you to manage assets placed into the trust during your lifetime. If you have a large or complicated estate, a revocable living trust provides a simple way to support the causes you care about and offers greater privacy for you and your loved ones. You can make changes or revoke the trust at any time if your circumstances change.

Including a bequest to the American Heart Association in your revocable living trust ensures that we can continue to advance health and hope for everyone, everywhere. You may design a revocable living trust to provide for the distribution of a specific dollar amount to the charities you care about, or elect to provide a percentage of the residue of the trust to charity after distributions to individual beneficiaries have been made.

Benefits

• Maintain flexibility and control over your trust during your lifetime (modify or revoke your trust whenever needed).
• Ensure a smooth transition by eliminating the costs and delays of probate.
• Keep estate affairs private by avoiding the public probate process.
• Retain better control of how and when beneficiaries receive their inheritance.
• Protect your loved ones by planning for incapacity or unforeseen circumstances.
• Provide a simple way to support the causes you care about.

How It Works

1. Work with an estate planning attorney to create your trust document.
2. Transfer your assets into trust.
3. Act as the Trustee or name a trusted loved one or professional as Trustee.
4. After your lifetime or upon disability, the Successor Trustee takes over.