Charitable Lead Trusts

A Charitable Lead Trust (CLT) is a financial arrangement that supports a charity while benefiting the donor's heirs in the future. In a CLT, the trust makes regular payments to a charity for a set period, after which the remaining assets go to the donor's beneficiaries, often children or grandchildren. This structure allows the donor to contribute to charitable causes while potentially reducing estate and gift taxes. It’s an effective way to combine philanthropy with estate planning, balancing the desire to give with the wish to pass on wealth to loved ones.