A charitable lead trust is often described as the opposite of a charitable remainder trust. It is a plan that enables you to transfer assets to your heir or heirs often at a reduced tax basis or cost and also make a gift to the charity you desire. A charitable lead trust is established by irrevocably transferring assets into the trust.
The information contained on this web page is not intended as legal or tax advice. Donors should, therefore, consult with their personal advisors for such advice.