Charitable Lead Trust
A gift to Michigan Tech Fund today with a future return to your heirs
If you are facing substantial concern about estate and gift taxes, the charitable lead trust can be an effective solution. A lead trust pays income to the Michigan Tech Fund for a number of years after which the trust terminates and the assets are given back to your heirs. Such a gift allows you to support your favorite Michigan Tech department or program now, with the assets later transferred back to your children or grandchildren at a greatly reduced tax cost.
Benefits of gifts from charitable lead trusts
- Make a gift to the Michigan Tech Fund while also providing for your family
- No estate or gift tax on growth of assets during trust's term
- Transfer of property to family members with reduced estate and gift tax
McNair Society
The McNair Society recognizes those who have left a legacy for Michigan Tech by providing specific bequests or planned gifts through their estates. This giving society is named for Fred McNair, Michigan Tech's president from 1899-1924. Through McNair's vision and commitment to leave a legacy for future Michigan Tech students, the fledgling college grew and prospered during his presidency.
If you would like more information about the McNair Society or are considering including the Michigan Tech Fund in your estate plans, please contact Eric Halonen (ehalonen@mtu.edu), (906) 487-3325. If you have already included the Michigan Tech Fund in your plans and would like to be recognized, please let us know. We would be pleased to honor you as a member of the McNair Society. Please contact Eric Halonen or fill out the McNair Society Declaration of Intent form here on our website and return it to the Michigan Tech Fund (address) to Mr. Halonen's attention.
View the McNair Society Declaration of Intent Form