Moses is an alumnus of Rice University. He has fond memories of the years he spent there, since that is where he met his late wife Victoria. Although he has acquired substantial assets, he still needs to live off the income. As such, what would be the best method for Moses to make a charitable contribution to his alma mater?

Moses is an alumnus of Rice University. He has fond memories of the years he spent there, since that is where he met his late wife Victoria. Although he has acquired substantial assets, he still needs to live off the income. In fact, he needs a supplement of about $20,000 per year, which represents 60% of the initial fair market value of the property he plans to put in the trust. Plus, he wants to receive the money for 25 years. Which of his requirements are permissible?

Moses is an alumnus of Rice University. He has fond memories of the years he spent there, since that is where he met his late wife Victoria. Throughout his life he has acquired substantial assets and he wants to pass along those assets to his children and grandchildren. He does not have a current need for the income those assets generate. As such, what would be the best method for Moses to make a charitable contribution to his alma mater?