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Charitable Lead Trusts

How Does It Work?

With this type of planned gift, you irrevocably transfer assets to a charitable lead trust. The trustee makes an annual distribution from the trust to California Western for a set number of years. When the trust terminates, the assets in the trust are distributed to your heirs or others that you designate.

On the date you establish the trust, the future gift to your heirs will be valued for gift and estate tax purposes at its “present value.” If the trust is created when interest rates are low and the trust’s investments perform better than expected, there may be additional assets in the trust that will pass to your heirs free of estate and gift taxes.

Benefits

  • Pass assets to your heirs at low (or no) gift or estate taxes.
  • Makes an annual gift to California Western.

This Might Interest You If…

You want to make a gift to California Western and you:

  • Have a large estate that would be subject to gift or estate tax.
  • Want to pass assets to children or other heirs at low (or no) gift or estate tax.
  • Own a valuable asset that you want to keep in the family, you expect will appreciate in value, and that currently produces income.
  • Own securities or cash that you would want invested for growth so that wealth can be passed on to your children or other heirs in the future.

Assets used: Usually cash or assets that have a likelihood of significant appreciation in the future.