Trust for Younger Beneficiaries

Help donors plan for the younger people in their lives.

Donors creating a Revocable living trust (RLT) with FreeWill can now include a trust for younger beneficiaries. This provision lets donors decide when a younger beneficiary, like a child or grandchild, will receive their inheritance, so a large sum isn’t passed on before that person is ready to manage it.

This feature makes our estate planning tools a better fit for more of your supporters, including donors with young families and those with larger estates.

How it works:

• When a donor creates a RLT and names a beneficiary under the age of 30, they’ll see a new question in the Provisions section asking if they’d like to include a Trust for Younger Beneficiaries.

   

• If they opt in, the provision is reflected in their trust document and their Documented Wishes PDF.

  We’ve also added guidance on related pages, like the residuary and guardianship of minors sections, to help donors understand their options.
  

A few notes:

• This provision is available in the trust flow. It is not included in the will flow by default.
• If a user has created a trust before this release and decides to update their documents, they will be prompted to update their plan before re-downloading their documents.
• FreeWill does not provide legal or tax advice. Donors with questions about their specific situation should consult their own attorney or advisor.
  

Who this is for:

This feature is currently available to all Planned Giving Suite partners, at no additional cost. Interested in adding the Planned Giving Suite to your FreeWill partnership? Click here to schedule time with your Account Manager.

Your next steps and resources:

1. No setup is required. The provision is already live in the RLT flow.
2. Consider highlighting this option in outreach to donors with children or grandchildren, who may be especially interested in it.
   

Need more support?

• Reach out to your strategist with any questions.