Gift Planning

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 PLU
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to PLU
  • 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

Douglas Page and Kaarin Praxel Austin
Gift Planning
Office of Advacement
253-535-7177
giftplanning@plu.edu

 

Pacific Lutheran University
12180 Park Avenue S.
Tacoma, WA 98447

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