We are just starting to create our planned gift policies and as we go through our records I have come across the following and I am not sure how it should be put in the system.
We have a donor that created two CRTs with two of her nieces as beneficiary for each one. They are currently receiving interest payments from the CRTs, once they both pass then our University will receive what is left.
The question I have is should this planned gift go on the record of the person who created the CRTs and just list her two nieces as beneficiaries or should the planned gift go on the niece's records as a planned gift since we will not receive anything until they pass?
We are currently using RE.
Thanks for any help you can give.
Gift Processing Specialist