CHARITABLE LEAD TRUST

A charitable lead trust is an irrevocable trust designed to financially benefit one or several charitable organizations for period of time, with the remaining assets going to non-charitable recipients such as family members or other beneficiaries.

Arrangements such as a charitable lead trust can be quite complex. We strongly recommend that you speak with a board-certified estate planning attorney and potentially additional tax advisors when setting up this type of estate plan.

Benefits

  1. May reduce or eliminate gift and estate taxes.
  2. Possible income tax deduction for charitable donations.
  3. Provides a way for the beneficiary to make charitable contributions without actually making monthly or annual payments.

PLANNED GIVING HOME