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 Ohio State
  3. Remainder transferred to your heirs

 Benefits

  • Annual gift to Ohio State
  • 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

Office of Estate and Gift Planning
614-292-2183
800-327-7907
giftplan@osu.edu

 

The Ohio State University
1480 West Lane Avenue
Columbus, OH 43221

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