Since September 1996, Trust Company clients have established 16 new charitable trusts. In contrast, the Trust Company added an average of only eight trusts per year between 1990 and 1995.
Individuals realize their estate plans, and the university benefits.
According to Stropp, charitable trusts can help donors reduce capital gains taxes on highly appreciated assets and produce additional income from assets such as real estate and stocks. Stropp said that since the Trust Company handles only trusts that benefit the university, it offers very competitive fees. Aggies feel very confident using the Trust Company.