{"id":457,"date":"2025-07-16T14:26:23","date_gmt":"2025-07-16T14:26:23","guid":{"rendered":"https:\/\/www.highpoint.edu\/engage\/?page_id=457"},"modified":"2025-07-16T14:26:23","modified_gmt":"2025-07-16T14:26:23","slug":"give-it-twice-trust","status":"publish","type":"page","link":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/","title":{"rendered":"Give It Twice Trust &#8211; Help Family and Charity"},"content":{"rendered":"<h1 class=\"cresPageHeader\">Give It Twice Trust &#8211; Help Family and Charity<\/h1>\n<p>You may be looking for a way to provide your children with income while making a gift to High Point University. The &#8220;give it twice&#8221; 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.<\/p>\n<h2 class=\"bigMedTitle\">Benefits of a give it twice trust<\/h2>\n<ul>\n<li>Use the full value of your unused retirement account to provide income to your surviving spouse and to provide income to children or other loved ones for a specified period of time<\/li>\n<li>Create an estate tax deduction and savings from the charitable gift<\/li>\n<li>Support the important charitable work of High Point University<\/li>\n<\/ul>\n<h2 class=\"bigMedTitle\">How a give it twice trust works<\/h2>\n<ol>\n<li>We can help you and your attorney with the process of creating a charitable remainder unitrust.<\/li>\n<li>You complete an IRA or other retirement account beneficiary designation form, naming the charitable trust as the beneficiary, and return the form to the account custodian.<\/li>\n<li>When you pass away, the custodian will transfer your retirement account to the charitable trust.<\/li>\n<li>The trust will pay income to your spouse, children or other individual beneficiaries for their life, term of years or life plus term of years.<\/li>\n<li>At the conclusion of the payments, the balance of the trust will be transferred to High Point University.<\/li>\n<\/ol>\n<p><strong>Provides Tax Savings.<\/strong>\u00a0The give it twice trust produces income and estate tax savings.<\/p>\n<p><strong>Promotes Fairness.<\/strong>\u00a0The give it twice trust establishes a mechanism that will help you treat each of your children equally. This can help promote peace in your family.<\/p>\n<p><strong>Teaches Your Children.<\/strong>\u00a0Give children income rather than a lump sum. Studies of inherited wealth have concluded that many children spend lump sum inheritances, whereas they learn to be more responsible with inheritances paid out over time.<\/p>\n<h2 class=\"bigMedTitle\">Contact us<\/h2>\n<p>If you have any questions about a give it twice trust, please\u00a0<a href=\"https:\/\/highpoint.giftlegacy.com\/?pageID=21\">contact us<\/a>. We would be happy to assist you and answer any questions you might have.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Give It Twice Trust &#8211; Help Family and Charity You may be looking for a way to provide your children with income while making a gift to High Point University&#8230;.<\/p>\n","protected":false},"author":8690,"featured_media":0,"parent":430,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_hpuaeo_plugin_post_data":"","_hpuaeo_plugin_meta_tags":"","footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-457","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Give It Twice Trust - Help Family and Charity - Engage HPU<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Give It Twice Trust - Help Family and Charity\" \/>\n<meta property=\"og:description\" content=\"Give It Twice Trust &#8211; Help Family and Charity You may be looking for a way to provide your children with income while making a gift to High Point University....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/\" \/>\n<meta property=\"og:site_name\" content=\"Engage HPU\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/\",\"url\":\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/\",\"name\":\"Give It Twice Trust - Help Family and Charity - Engage HPU\",\"isPartOf\":{\"@id\":\"https:\/\/www.highpoint.edu\/engage\/#website\"},\"datePublished\":\"2025-07-16T14:26:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/\"]}],\"publisher\":{\"@id\":\"https:\/\/www.highpoint.edu\/#University\"}},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.highpoint.edu\/engage\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gift Options\",\"item\":\"https:\/\/www.highpoint.edu\/engage\/gift-options\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Give It Twice Trust &#8211; Help Family and Charity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.highpoint.edu\/engage\/#website\",\"url\":\"https:\/\/www.highpoint.edu\/engage\/\",\"name\":\"Engage HPU\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.highpoint.edu\/engage\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\/\/www.highpoint.edu\/#University\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Give It Twice Trust - Help Family and Charity - Engage HPU","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/","og_locale":"en_US","og_type":"article","og_title":"Give It Twice Trust - Help Family and Charity","og_description":"Give It Twice Trust &#8211; Help Family and Charity You may be looking for a way to provide your children with income while making a gift to High Point University....","og_url":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/","og_site_name":"Engage HPU","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/","url":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/","name":"Give It Twice Trust - Help Family and Charity - Engage HPU","isPartOf":{"@id":"https:\/\/www.highpoint.edu\/engage\/#website"},"datePublished":"2025-07-16T14:26:23+00:00","breadcrumb":{"@id":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/"]}],"publisher":{"@id":"https:\/\/www.highpoint.edu\/#University"}},{"@type":"BreadcrumbList","@id":"https:\/\/www.highpoint.edu\/engage\/gift-options\/give-it-twice-trust\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.highpoint.edu\/engage\/"},{"@type":"ListItem","position":2,"name":"Gift Options","item":"https:\/\/www.highpoint.edu\/engage\/gift-options\/"},{"@type":"ListItem","position":3,"name":"Give It Twice Trust &#8211; Help Family and Charity"}]},{"@type":"WebSite","@id":"https:\/\/www.highpoint.edu\/engage\/#website","url":"https:\/\/www.highpoint.edu\/engage\/","name":"Engage HPU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.highpoint.edu\/engage\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US","publisher":{"@id":"https:\/\/www.highpoint.edu\/#University"}}]}},"_links":{"self":[{"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/pages\/457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/users\/8690"}],"replies":[{"embeddable":true,"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/comments?post=457"}],"version-history":[{"count":0,"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/pages\/457\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/pages\/430"}],"wp:attachment":[{"href":"https:\/\/www.highpoint.edu\/engage\/wp-json\/wp\/v2\/media?parent=457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}