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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 Kinkaid
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to Kinkaid
  • 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

Lisa Wood
Assistant Director of Advancement
(713) 243-5023
legacygiving@kinkaid.org

 

The Kinkaid School
201 Kinkaid School Drive
Houston, TX 77024
Federal Tax ID Number: 76-0295523

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