Revocable Living Trusts
The Revocable Living Trust is an excellent tool to use in reaching your goals of Christian stewardship. 
Through a living trust, you can use your lifetime accumulations to benefit the people and ministries for which you have a deep concern. By naming Moody Bible Institute as a beneficiary in your living trust, you can be assured that the ministries you care about will continue when you go home to be with the Lord.
Using a Revocable Living Trust in your estate plan allows you to avoid probate. This type of agreement offers the following key advantages:
- Reduces administrative costs
- Provides for prompt estate distribution
- Avoids interruption of income to heirs at grantor’s (estate owner’s) death
- Provides for the private distribution of estate
- Represents greater difficulty to challenge compared to a will
- Allows the estate owner to see how the trust will work
- Provides the capability to transfer management without court involvement if grantor becomes incompetent
- Includes the potential for greater diversity and security for investments if a corporate trustee is used
The Revocable Living Trust does not:
- Reduce income or estate taxes (It can, however, establish and fund trusts that reduce estate taxes.)
- Eliminate the need for a will since disposition of assets not included in the trust must be provided for in what is usually called a pour-over will
You can benefit Moody Bible Institute in your Revocable Living Trust in a variety of ways. These include:
- Leaving a percentage of the remainder of your trust to Moody Bible Institute
- Leaving a specified amount to Moody Bible Institute
- Establishing a Trust which provides for family members during their lifetimes and then distributes to Moody
- Leaving assets to Moody in exchange for a Moody Gift Annuity arrangement or Pooled Income Fund (The annuity pays income for life to a relative or friend and then provides benefit to Moody after the beneficiary’s death.)
Please see our helpful Revocable Living Trust Brochure, Legacy to the World.
Moody Bible Institute has a long established Planned Giving program in which attorneys may be able to provide assistance to you for your estate plan when you have strong charitable intent for the ministries of Moody. If you would like to learn more about Revocable Living Trust opportunities, or if you would like to meet with a Moody Giving Representative, please contact our Stewardship office.
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