Your legacy is worthy
of a smart plan
Personal trust services from TIAA, FSB
How do you want to
be remembered?
Whether your goal is to provide financial
support for your loved ones or a charity, a
personal trust is a legal arrangement to
honor your wishes.
What’s more, a personal trust may offer you
greater control over your assets than a will.
At the same time, it can be a strategic part of
your overall financial plan—reflecting your
values and goals.
Srini Kambhampati, biology professor and
department chair, participant since 1990
Consider establishing a trust to:
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Ensure your assets are managed
for the benefit of your heirs
or a charity—and according to
your wishes
Make a bigger impact on what
matters most to you—through
tax-savvy strategies and flexible
charitable gifts
Help your heirs save time and
money by avoiding the potential
costs and delays associated
with probate
We’re here to help
Your dedicated TIAA advisor and personal trust team will work with you—and your legal
or tax advisors (if needed)—to build and monitor a plan that’s right for you.
Your trust
administrator
Your advisor
takes the time to
understand your
priorities and create a
personalized roadmap.
helps you implement
your estate plan.
Your portfolio manager
helps you develop an investment strategy
and build a tax-savvy portfolio.
We can also help with:
Trust tax preparation W Distributing income to beneficiaries W TIAA Life Insurance Company coverage
Investment management W Retirement planning W Charitable giving
Build your legacy with a trust
Several types of trusts are available to help address your needs, including:
Living Trust (Revocable Trust): Gives you flexibility and control, and can save
time and money by avoiding probate.
Learn more
Contact your
TIAA advisor or
call 866-220-6583.
Irrevocable Trust: A tax-efficient way to support you and your loved ones.1
Irrevocable Life Insurance Trust: Offers tax-free benefits to surviving
spouse and beneficiaries.2
Charitable Remainder Trust: A tax-efficient way to pay income to a
beneficiary for life or a time period.
Charitable Lead Trust: The trust pays income to a chosen charity for a
specific time. At the end of that time, beneficiaries receive the remaining
trust property.
Important trust related terms
Grantor. The person who establishes the trust and
Sole (or current) trustee. Single manager of the trust.
owns the assets (or other property) that will become
a part of the trust.
Co-trustee. Additional person who acts in the role of
Trustee. The person or institution to whom the grantor
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Successor trustee. Another individual or institution
has transferred legal authority for the administration,
asset management, and distribution of assets and
property.
who takes ownership of the trust’s assets and
property after a predecessor trustee ceases to serve.
Beneficiary. The person or entity who will receive
Probate. A legal process—occurring after someone
assets or property from your trust.
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the trustee.
This trust type cannot be changed once established.
Must be irrevocable to receive tax benefits.
dies—to examine the validity of a will.
Start the conversation
We’re here to answer your questions and help you plan with confidence.
Contact your TIAA advisor
Or call us at 866-220-6583
Front cover photo: Phillip Bennett, retired chemistry professor, participant since 1999, and his wife, Linda
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured
by any federal government agency, are not a condition to any banking service or activity, and may lose value.
The TIAA group of companies does not provide legal or tax advice. Please consult your legal or tax advisor.
TIAA, FSB provides investment management and trust services.
Advisory services provided by Advice & Planning Services, a division of TIAA-CREF Individual & Institutional Services, LLC, a registered investment advisor.
TIAA-CREF Life Insurance Company is a wholly owned subsidiary of Teachers Insurance and Annuity Association of America (TIAA). Life Insurance
is issued by TIAA-CREF Life Insurance Company, New York, NY. Each of the foregoing is solely responsible for its own financial condition and
contractual obligations.
©2017 TIAA, FSB, 211 North Broadway, St. Louis, MO 63102
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A15522 (03/17)