Living Trust Alternative A Living Trust is a contract that takes effect while you are still living and contains instructions for how all of your assets should be managed upon your incapacity and upon your death. Unlike a Will, a Living Trust does not require Probate administration and saves on court costs and attorney fees.
The amount saved in court costs and attorney's fees could go to benefit the charities or causes you support. You can look upon it as a way of supporting the Vitae Caring Foundation without it costing your estate to do so. Similar to the manner in which you leave a bequest in a Will, you can provide for the Vitae Caring Foundation in your Living Trust. Regardless of whether you create a Will or Living Trust, you will need the assistance of an attorney. The Vitae Caring Foundation can provide your attorney with the appropriate language, if necessary. |