Charitable Lead Trusts
Published: July 21, 2021
Tracking Code: 70062
Business Line: Advanced Planning
Category: Leaving A Legacy

A charitable lead trust (CLT) is a “split-interest” trust with both an income and remainder beneficiary. The trust makes distributions to a qualified charity for either a specific term or the life of an individual. Upon death, remaining assets are distributed to the donor’s beneficiaries.

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