Nongrantor Lead Trust

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 Stony Brook
3. Remainder transferred to your heirs

 Benefits

• Annual gift to Stony Brook
• 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

 Next Steps

• Read a detailed description of this gift
• Contact us to learn more about this gift plan or other options
• Receive a personal calculation of this gift
• Request an eBrochure with more information about this gift