A revocable trust is a popular estate planning tool that can provide for succession of management of your estate assets when you no longer desire or are no longer capable of managing them. It is revocable and amendable during your life. The trust helps avoid expensive court-supervised estate probate administration at your death and it serves as a substitute for your Will. The trust can be an efficient tool to make gifts at your death to both family members and charitable organizations such as Benedictine University. In fact, a revocable trust can provide the means to make an extremely significant gift at your death and thus make a lasting impact on the University. If you are remembering Benedictine University through your revocable trust, the University can, in some cases, serve as the trustee or successor trustee of your revocable trust, particularly when a family member is not available or qualified to serve as trustee or as a lower cost alternative to a bank trust department.