Nongrantor Lead Trust

Nongrantor Lead Trust Diagram. Description of image is listed below.

How It Works

Create trust agreement stating terms of the trust (usually for a term of years) and transfer cash or other property to trustee
Trustee invests and manages trust assets and makes annual payments to Wentworth-Douglass Foundation
Remainder transferred to your heirs

Annual gift to Wentworth-Douglass Foundation
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

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Maryellen Burke
Chief Development Officer
603-609-6207
Mburke33@mgb.org

Wentworth-Douglass Foundation
789 Central Avenue
Dover, NH 03820

Federal Tax ID Number:
51-0491062

For more information about gift planning, contact Maryellen Burke, Chief Development Officer, at 603-609-6207 or Mburke33@mgb.org.

Wentworth-Douglass Hospital & Health Foundation is a 501(c)(3) charitable organization. Gifts are tax deductible to the full extent of the law.

EIN: 51-0491062