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 Babson
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to Babson
  • 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

Rebecca Zuck
Director of Planned Giving
781-239-4561
rzuck@babson.edu

 

Babson College
231 Forest Street
Babson Park, MA 02457
Federal Tax ID Number: 04-2103544

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