Benefits of a CLT
Current Income Tax Deduction
A gift to a grantor lead trust can provide you with a current income tax deduction that can offset all forms of income.
Gift and Estate Tax Planning
The Charitable Lead Trust offers you an effective alternative to the payment of gift and estate taxes. In many cases, a CLT provides an excellent method for passing assets to heirs at a reduced transfer tax, while making a significant gift to charity
Unlike a Charitable Remainder Trust, the charity(ies) of choice begin receiving an income stream at the beginning of the life of the trust, allowing donors to see their charitable impact up front.