Charitable Lead Trusts

A charitable lead trust holds an asset (or assets) for a term of years during which time income is paid to a charity. With the most common lead trust, a non-grantor lead trust, at the conclusion of the trust term the asset is distributed to another individual or trust, as designated in the original declaration of trust.

Working with their advisors, donors may choose to have the charity receive either a fixed percentage of the fair market value or a pre-determined fixed dollar amount. Charitable lead trusts hold special interest for those individuals who wish to pass an asset, such as a family vacation home, to the next generation while minimizing gift and estate taxes. They become especially attractive when general interest rates are low.

If you are interested in learning more, please contact Jayne Iafrate at (508) 289-3313 for information.

WHOI does not presently serve as trustee for charitable lead trusts that name it as income beneficiary; however, donors who irrevocably name WHOI as the income beneficiary may be entitled to the administrative services of State Street Global Advisors, without cost, by special arrangement.Working with their advisors, donors may choose to have the charity receive either a fixed percentage of the fair market value or a pre-determined fixed dollar amount. Charitable lead trusts hold special interest for those individuals who wish to pass an asset, such as a family vacation home, to the next generation while minimizing gift and estate taxes. They become especially attractive when general interest rates are low.
WHOI does not presently serve as trustee for charitable lead trusts that name it as income beneficiary; however, donors who irrevocably name WHOI as the income beneficiary may be entitled to the administrative services of State Street Global Advisors, without cost, by special arrangement.charitable lead trust holds an asset (or assets) for a term of years during which time income is paid to a charity. With the most common lead trust, a non-grantor lead trust, at the conclusion of the trust term the asset is distributed to another individual or trust, as designated in the original declaration of trust.
Working with their advisors, donors may choose to have the charity receive either a fixed percentage of the fair market value or a pre-determined fixed dollar amount. Charitable lead trusts hold special interest for those individuals who wish to pass an asset, such as a family vacation home, to the next generation while minimizing gift and estate taxes. They become especially attractive when general interest rates are low.
WHOI does not presently serve as trustee for charitable lead trusts that name it as income beneficiary; however, donors who irrevocably name WHOI as the income beneficiary may be entitled to the administrative services of State Street Global Advisors, without cost, by special arrangement.A charitable lead trust holds an asset (or assets) for a term of years during which time income is paid to a charity. With the most common lead trust, a non-grantor lead trust, at the conclusion of the trust term the asset is distributed to another individual or trust, as designated in the original declaration of trust.
Working with their advisors, donors may choose to have the charity receive either a fixed percentage of the fair market value or a pre-determined fixed dollar amount. Charitable lead trusts hold special interest for those individuals who wish to pass an asset, such as a family vacation home, to the next generation while minimizing gift and estate taxes. They become especially attractive when general interest rates are low.
WHOI does not presently serve as trustee for charitable lead trusts that name it as income beneficiary; however, donors who irrevocably name WHOI as the income beneficiary may be entitled to the administrative services of State Street Global Advisors, without cost, by special arrangement.