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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 Georgetown Prep
  3. Remainder transferred to your heirs

Benefits

  • Annual gift to Georgetown Prep
  • 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

John Coyle
Executive Director
The Haas Society
301.214.8634
Cell: 240.319.5824
jcoyle@gprep.org

 

Georgetown Preparatory School
10900 Rockville Pike
North Bethesda, MD 20852

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