Gift Planning
Nongrantor Lead Trust
How It Works
- Create trust agreement stating terms of the trust (usually for a term of years) and transfer cash or other property to the University of Illinois Foundation
- The University of Illinois Foundation invests and manages trust assets and makes annual payments to benefit the UIS purposes you specify
- Remainder transferred to your heirs
Benefits
- Annual gift to the University of Illinois Foundation to benefit UIS for the purposes you specified when you created the trust
- Future gift to heirs at fraction of property's value for transfer-tax purposes
- Professional management of assets during term of trust
- No charitable income-tax deduction, but you're not taxed on annual income of the trust
More Information
Request an eBrochure
Request Calculation
Contact Us
Justin T. Seno, CFP® |
University of Illinois Foundation |
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer