Charitable Lead Trust

Nongrantor

How Does It Work

1. Create trust agreement outlining terms of the trust—usually for a term of years
   
   
2. Transfer cash or other property to trustee
   
   
3. Trustee invests and manages trust assets
   
   
4. Trustee makes annual payments to
   
   
5. Remainder transferred to your heirs
   
   

Benefits

• Annual gift to
  
  
• Future gift to heirs at fraction of property's value
  
  
• Professional management of assets during term of trust
  
  
• No charitable deduction, but donor not taxed on annual income
  
  

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I would like to have a confidential planned giving conversation with a representative