Charitable Lead Trust
Donor Receives:
Donor receives no income from the trust. Check with advisors on specific tax treatment of different types of charitable lead trusts.
Tax Savings:
In most cases either a current income tax charitable deduction or gift and estate tax deductions. Trust may owe income tax on income realized in excess of amounts distributed to charity.
Other Advantages to the Donor:
May provide a means to make a significant gift and have assets returned to donor, or transferred to loved ones at reduced cost. Professional management of funds by those of donor's choosing.
Trinity Episcopal Foundation Receives:
Either fixed or variable payments for the term of the trust.