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| Living
Trusts |
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| A living trust can offer you more flexibility than a Will. Although similar in nature, assets are placed in a trust, from which distribution to Aquinas College and heirs can take place. This method can provide significant cost savings and asset protection. It also allows you to retain control of your assets as long as necessary. |
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| A living trust is also beneficial to people who are concerned with complete privacy since none of the terms of a trust become part of the public record. Unlike a Will, asset distribution from a living trust is almost immediate, avoiding extensive probate delays. |
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| In summary, the living trust allows you to: |
- Receive all of
the income from the trust assets while you are living
- Remain "in
charge" of your own affairs
- Name beneficiaries
of the trust assets when you pass away
- Ensure that your
trust assets avoid the costs and delays of probate
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| Please
contact Marjorie Kindel,
Director of Planned Giving, at (616) 632-2821 or email her at kindemar@aquinas.edu if
you would like to learn how a planned gift can meet your life goals while
supporting Aquinas College. |
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