Category - Charitable Lead Trust

The Charitable Lead Trust is an excellent way for clients to pass assets on to their children, while offsetting the gift with deductions for amounts passing to charity during the term of the Trust. A Charitable Lead Annuity Trust sets the lead amount as a fixed dollar amount, whereas a Charitable Lead Unitrust sets the lead amount as a fixed percentage of the original Charitable Lead Trust contribution. A Charitable Lead Trust is an Irrevocable Trust, and subject to the Self Dealing Rules applicable to Private Foundations.