Revocable Living Trusts: Getting Started
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Quick Tip
A living trust can be a way to manage your investments—for your benefit during your lifetime and for your family's benefit afterward.
After your lifetime, the trust becomes irrevocable. Your specified loved ones can receive lifetime income or principal from the trust, or you can have their share given to them in a lump sum, much like a regular will. When the trust terminates, the remaining assets are given to the beneficiaries you chose, often in the form of percentages. Should you choose to include Community Foundation of the Great River Bend in your trust as a beneficiary, we can use the percentage you designate to us for our important needs.
If you'd like to remember your community or your favorite charity through the Community Foundation of the Great River Bend after your lifetime, share our bequest language, to add to your living trust, with your estate planning attorney.
Click here to view the official bequest language for Community Foundation of the Great River Bend.
Learn more about giving back through your will and living trust.
Please contact Barbara Melbourne at 563-326-2840 or barbaramelbourne@cfgrb.org if you have additional questions about supporting Community Foundation of the Great River Bend through your revocable living trust. We're happy to help without obligation and in confidence.
Getting Started | Pros and Cons of Living Trusts | Living Trusts Q&A | Assessing Your Needs | Case Study | Choosing Your Trustee | Do You Still Need a Will? | Action Items
