PLANNED GIVING

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 Southern Adventist University
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to Southern Adventist University
  • 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

Kimberly Bobenhausen
Director of Planned Giving
kbobenhausen@southern.edu

Federal Tax ID Number: 62-0536733

 

Southern Adventist University
P.O. Box 370
Collegedale, TN 37315
Telephone: 423.236.2832
plannedgiving@southern.edu

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