Looking for ways to give K-State a significant gift? If you have built up a sizable estate, you may want to check out the advantages of setting up a charitable trust. There are several types of trusts — the options allow you to tailor your gift to meet your personal, charitable and financial goals.
The charitable remainder annuity trust and charitable remainder unitrust let you or other named individuals receive income each year for life or a term of years from assets you give to the trust. After the life of the named individuals or the set period of years, the balance in the trust goes to the charities of your choice.
The charitable lead trust can make payments in one of two ways. A charitable lead annuity trust pays a fixed amount each year to K-State and is more attractive when interest rates are low. A charitable lead unitrust pays a variable amount each year based on the value of the assets in the trust.