Giving Through Your Estate Via Revocable Living Trust

Dr. Debra Reinhart, P.E., BCEE, presents the 2014 W. Wesley Eckenfelder Graduate Research Award to Maureen N. Kinyua, University of South Florida

A revocable living trust is established by a grantor during his or her lifetime in which the grantor transfers some or all of his or her property into the trust. That costs you nothing now but provides support to the EESF after your lifetime. Bequests offer flexibility and can be structured to fit your personal situation. A gift is typically revocable, so you can change your mind at any time should your circumstances change. You should consult your attorney and financial advisor to properly set up and fund this trust, and reap its potential tax advantages.

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