Nongrantor Lead Trust

Nongrantor Lead Trust Diagram. Description of image is listed below.

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 UH
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to UH
  • 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 Olczak
Chief Development Officer
giftplanning@uh.edu
713-743-6313

 

University of Houston
Office of Gift and Estate Planning
5000 Gulf Freeway, Building 1, Suite 300
Houston, TX 77204-2013

Federal Tax ID Number: 74-6001399

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