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GIFTS THAT PROTECT ASSETSCHARITABLE LEAD TRUSTS

If you are looking for a way to pass on some of your assets to your family while reducing or eliminating gift or estate taxes, a charitable lead trust is an excellent option.

Flowchart: You fund a charitable lead trust with property. The trust pays income to the University of Indianapolis for a number of years. Your family, or designated beneficiary receives the remainder at the end of the trust term.

Benefits of a charitable lead trust

  • Receive a gift or estate tax charitable income tax deduction
  • Pass inheritance on to family at a reduced or zero cost
  • Establish a vehicle from which you can make annual gifts to the University of Indianapolis

How a charitable lead trust works

  1. You place income generating assets into a trust that pays the University of Indianapolis income for a number of years.
  2. You may receive a gift or estate tax deduction at the time of your gift.
  3. After a period of time, your family receives the trust assets plus any additional growth in value.

Next Steps:

  1. Contact UIndy's Office of Advancement at 317-788-3922 or [email protected] for additional information on charitable lead trusts.
  2. Seek the advice of your financial or legal advisor.
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