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 trustee (UJA-Federation or financial institution)
- Trustee invests and manages trust assets and makes annual payments to UJA-Federation
- Remainder transferred to heirs
Benefits
- Annual gift to UJA-Federation
- 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
Read a detailed description of this gift
More Information
Request Calculation
Contact Us
William Samers, Vice President Stanley Baumblatt, Director Shira Hudson, Associate Director |
UJA-Federation of New York Phone: 1.800.997.5266 |
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