Nongrantor Lead Trust

Nongrantor Lead Trust Diagram

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 Lewis & Clark
  3. Remainder transferred to your heirs

 Benefits

  • Annual gift to Lewis & Clark
  • 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

More Information

Contact Us

Rebecca Holt
Interim Assistant Vice President for Advancement
503-768-7943
rebeccah@lclark.edu

 

Lewis & Clark College
615 S. Palatine Hill Road
Portland, OR 97219

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