You may be looking for a way to provide your children with income while making a gift to Howard University. The "give it twice" trust is a popular option that allows you to transfer your IRA or other asset at death to fund a term of years charitable remainder unitrust. We call this kind of unitrust a give it twice trust because you can use the trust to pay income first to your family for a number of years and then distribute the balance of the trust to charity.
If you have any questions about a give it twice trust, please contact us. We would be happy to assist you and answer any questions you might have.
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Howard University
Development and Alumni Relations
1851 9th Street NW, 3rd Floor
Washington, DC 20001
Phone
202-2382340
Toll Free
877-860GIFT (4438)
Fax
202-986?2005
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This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.