Grantor Lead Trust

Grantor Lead Trust Diagram

How It Works

  1. Create trust agreement stating terms of the trust (usually for a term of years), transfer cash or other property to the University of Illinois Foundation, and receive an income-tax deduction
  2. The University of Illinois Foundation invests and manages trust assets and makes annual payments to benefit UIS for the purposes you specify
  3. Remainder transferred back to you

Benefits

  • Annual gift to the University of Illinois Foundation to benefit UIS for the purposes you specified when you created the trust
  • Property returned to you at end of trust term
  • Professional management of assets during term of trust
  • Charitable income-tax deduction, but you are taxed on trust's annual income

More Information

Contact Us

Justin T. Seno, CFP®
Associate Director of Gift Planning
Office of Gift Planning and Trust Services
University of Illinois Foundation
1305 W. Green Street, MC-386
Urbana, IL 61801
(217) 244-8273 phone
(217) 333-5577 facsimile
jtseno@uif.uillinois.edu

 

University of Illinois Foundation
1305 W. Green Street
Urbana, IL 61801

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