Nongrantor Lead Trust

Nongrantor Lead Trust Diagram. Description of image is listed below.

How It Works

  1. Create trust agreement stating terms of the trust (usually for a term of years) and transfer cash or other property to trustee
  2. Trustee invests and manages trust assets and makes annual payments to HUC
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to HUC
  • 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 donor not taxed on annual income of the trust

Contact Us

Anat Becker, JD
National Director of Legacy Giving
212-824-2228
abecker@huc.edu
Tax ID Number: 31-0537067

Hebrew Union College
One West Fourth St.
New York, NY 10012-1186

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