Gifts that Benefit Your Heirs

Charitable Lead Trust

 

A charitable lead trust enables you to make a significant gift to children, grandchildren, or other heirs on a future date that you specify, while also making a gift that benefits Princeton now.

Your charitable lead trust would make annual payments to New Mexico Tech for a fixed term, generally between 10 and 20 years, before the trust principal passes to your heirs.

What are the benefits of a charitable lead trust?

  • You control the timing of distribution of your assets to your heirs.
  • Federal gift and estate tax deductions for the value of annual trust payments to New Mexico Tech may reduce your taxable gift to zero.
  • You receive an immediate federal charitable income tax deduction in some circumstances.

You can establish a charitable lead trust during your lifetime or through your will. You may use payments from a charitable lead trust to fund many current  campaign priorities as well as all enduring needs of the University.

If you would like to discuss how a charitable lead trust might work for you, contact the Office for Advancement at 575-835-5616 or e-mail alumni@admin.nmt.edu