A living trust is an arrangement you create during your lifetime to provide for yourself and your family both before and after your death. It has built-in flexibility that can work very well with your overall estate plans. Though there are many advantages to using this estate-planning tool, it is not a substitute for a will.

Benefits of a living trust:

•    Reduction of probate expenses and issues.

•    Prompt distribution of trust assets.

•    Flexible planning and control.  

•    Allows investment management input.  

A living trust gives you flexibility while you receive income from your assets during your lifetime, and it can provide asset management after your death. If you feel a living trust may benefit your estate plan, call Sue Clifton at 800.949.9988 or e-mail at sclifton@bfok.org.