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 NSU
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to NSU
  • 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

Andrea L. Darlow, MBA
Senior Director of Development, Legacy Gifts
954-262-2135
adarlow@nova.edu

 

Nova Southeastern University
3301 College Avenue
Fort Lauderdale, FL 33314

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