Planned Giving

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 UTIA
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to UTIA
  • 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

Angelia M. Nystrom, JD, LLM
Executive Director of Specialty Programs
Phone: 865-974-7423
Email: anystrom@tennessee.edu

 

Dr. Keith Barber
Vice Chancellor of Institutional Advancement
Phone: 865-974-5779
Email: kbarber@utfi.org

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