YOU’RE IN CONTROL WITH A LIVING TRUST

A living trust lets you provide for yourself and your family before and after your death. It has built-in flexibility, because it allows you to stay in control of your assets.

Living trusts are fully revocable, so you can change or terminate them at any time during your life. With an irrevocable trust, you give up this power, often in order to save income and/or estate taxes.

Even though you reserve the right to change your mind, the possibility of major estate tax savings remains with a living trust.

Benefits of a Revocable Living Trust

If you make yourself the initial beneficiary, you receive the income from the trust assets, plus:

� You’re in charge, so you have the right to set the investment objectives, add or withdraw principal, change the terms of the plan, or even change the ultimate beneficiary, at any time.

� You can turn over the responsibility of investment management to a professional trustee, freeing you from day-to-day financial worries.

� The beneficiaries you name to receive the trust remainder after your lifetime (such as your spouse, children, other individuals, or a charitable organization like the Seventh-day Adventist Church) can receive an outright distribution, or the assets can continue in trust.

� A living trust cuts probate costs, because none of the trust assets are included in your probate estate, probate costs and delays are reduced.

� The terms are private, so the details about the beneficiaries and assets of a living trust usually don’t enter the public record.

Learn More About Your Options

During your lifetime, either a revocable living trust or an irrevocable plan is a superb way of arranging a gift to the Church. Some irrevocable trusts give you an income tax charitable deduction immediately, but if it’s flexibility you desire, then a living trust may be right for you.