Charitable Lead Trust
This is an irrevocable trust that offers useful gift and estate tax leveraging tools for charitable inclined investors. You may choose to donate cash or a growth-oriented asset to the trust. This type of trust is designed to pay a distribution, based on a specific formula stated in the trust, to the chosen charity for a definite period of time. Once that time period expires, the principal of the trust is paid to the “remainder beneficiary” that is a member of your family other than you or your spouse.
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