Trusts

Charitable Remainder Trusts distribute cash payments to the donor for life or a specific number of years (maximum of 20) at which time the balance of the trust assets are used to establish an endowment benefiting the School of Music.

Charitable Lead Trusts allow a donor to make a gift to the School of Music while also passing on assets to one’s heirs at a lower tax cost. A lead trust pays UNCG an income for a set number of years, and when the trust term ends, the principal goes back to the donor’s family.

Director of Development for the School of Music, Miriam Fields, and UNCG’s Planned Giving staff will be pleased to answer your questions if you are interested in learning more about the above life income giving opportunities.