Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the benefits of a Charitable Lead Trust?

Benefits charitable lead Trust
0
0 Posted

What are the benefits of a Charitable Lead Trust?

0
0

With a charitable lead trust, the donor can avoid gift or estate taxes through the ultimate transfer of assets to beneficiaries (family members). With such a transfer, the donor’s taxable estate is also greatly reduced. At the same time, the donor’s gift will greatly benefit the Foundation during the trust term.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123