Charitable Lead Trust
A Charitable Lead Trust is a great way to support Kent State now while reducing or eliminating the estate taxes your family will pay upon your passing.
When you establish a charitable lead trust, you will receive a gift or estate tax charitable deduction for your gift. The gift is invested and continues to grow while paying Kent State for a number of years. After a period of time, your family receives the trust assets plus any additional growth in value at a reduced or zero cost.
This is the only type of planned gift that can be used by Kent State University to fund capital projects.
There are various types of lead trusts to choose from and the minimum amount to fund a charitable lead trust varies.
Please contact us at giftplan@kent.edu or 330-672-1000 to discuss the best option for your needs or with any other questions.