Society of 1925

Revocable Gifts

The future is uncertain. However, you can still create a planned gift today while simultaneously retaining control over these assets for the balance of your life. Such gifts are called revocable gifts. You can change your mind. You have total control.

Unless you are confident that you will not outlive your assets, a revocable estate gift is almost always the best option. These gifts are generally one of the following:

Bequest in a Will or Living Trust
Beneficiary Designation in IRA or Retirement Plan
Beneficiary Designation in Life Insurance Policy
Pay-on-Death arrangement for a bank account
Transfer-on-Death arrangement for a brokerage or investment account

By naming Trinidad State College Foundation in your will, living trust or as a beneficiary, you can protect yourself against an uncertain future. Should you ever need these assets, they are available. If not, your gift will come to Trinidad State exactly as you have planned.