Life’s WORC Planned Giving Program

Grantor Lead Trust

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

How It Works

  1. Create trust agreement stating terms of the trust (usually for a term of years), transfer cash or other property to trustee, and receive an income-tax deduction
  2. Trustee invests and manages trust assets and makes annual payments to Life's WORC
  3. Remainder transferred back to you

Benefits

  • Annual gift to Life's WORC
  • Property returned to donor at end of trust term
  • Professional management of assets during term of trust
  • Charitable income-tax deduction, but you are taxed on trust's annual income

More Information

Contact Us

Planned Giving Administrator
516-741-9000, ext. 2100
plannedgiving@lifesworc.org

 

Life’s WORC
1501 Franklin Avenue
Garden City, NY 11530

Federal Tax ID Number: 23-7209731

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