Charitable Lead Trust
How It Works
- You contribute securities or other appreciating assets to a Charitable Lead Trust. Our suggested minimum gift requirement is $1,000,000.
- The trust makes annual payments to Little Flower High School for a period of time.
- When the trust terminates, the remaining principal is paid to your heirs.
Benefits
- Income payments to us for a term reduce the ultimate tax cost of transferring an asset to your heirs.
- The amount and term of the payments to Little Flower High School can be set so as to reduce or even eliminate transfer taxes due when the principal reverts to your heirs.
- All appreciation that takes place in the trust goes tax-free to the individuals named in your trust.
Next
- Frequently asked questions about Charitable Lead Trusts.
- Contact us so we can assist you through every step.
PLEASE NOTE: We are sharing information only and do not intend to give legal or financial planning advice. We encourage you to consult with your attorney or financial advisor prior to making a planned gift to Little Flower. We welcome the opportunity to work with you and your advisors directly.