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Charitable Lead Trust
Grantor

How Does It Work

1. Create trust agreement outlining terms of the trust—usually for a term of years
   
   
2. Transfer cash or other property to trustee
   
   
3. Trustee invests and manages trust assets
   
   
4. Trustee makes annual payments to the University of Michigan
   
   
5. Remainder transferred back to you
   
   

Benefits

• Annual gift to the University of Michigan
  
  
• Property returned to donor at end of trust term
  
  
• Professional management of assets during term of trust
  
  
• Charitable deduction, but you are taxed on annual income
  
  

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Office of Planned Giving
University of Michigan Office of University Development
734-615-2022 • toll free 866-233-6661 • Contact Us
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