Life Income Gifts
Charitable Lead Trusts
Charitable lead trusts allow you to pass assets to your heirs with reduced gift and estate taxes, while providing a yearly gift to Earthjustice for a set number of years. They may be set up with gifts of cash, appreciated securities, real estate, closely held stock, collectibles, or cash.
Some benefits of a charitable lead trust are:
- An immediate income tax deduction for a portion of your gift
- Avoidance of some gift and estate taxes on assets within the trust
Example:
If you were to establish a charitable lead annuity trust, with $300,000 of appreciated property with a cost basis of $200,000, designed to pay 7% to Earthjustice for 10 years and then pass the assets in the trust onto your heirs, you would receive:
- An immediate gift tax deduction of more than $150,000
- Reduced gift and estate taxes
Every gift is unique, lead trusts can be set up to help you accomplish your financial and philanthropic goals.
This information is for informational purposes only. Earthjustice is not in a position to offer financial or estate planning advice. We recommend reviewing any gift plan with your personal advisors.