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The major reasons for beginning a Living Trust are to avoid probate expenses, planning for disability, and protecting family privacy. Since a Living Trust is revocable, it can also provide you with flexibility and control.
Your Living Trust may also provide for charitable bequests to our University Foundation, which will be provided during the final distribution of the trust assets.
It is advised that you contact your tax advisor for possible federal estate tax deductions for a charitable bequest of this nature.
Our Planned Giving office will be happy to supply additional information:
Lisa Riley, Director of Planned Giving
University of Nevada, Reno / Mail Stop 0007
Reno, NV 89557-0007