Charitable Trusts

Charitable Remainder Trust

A Charitable Remainder Trust is a special type of Irrevocable Trust that may allow you to receive income tax deductions now, get income from the trust for life or for a number of years, and give the balance to a charity on your death. This type of trust is used to benefit charities while providing income, gift and estate tax savings.

Charitable Lead Trust

A Charitable Lead Trust is an Irrevocable Trust for a fixed term of years or a life. During the term of the trust, a charity is the beneficiary Upon termination of the trust, the remainder or principal is given to non-charitable beneficiaries, such as members of your family. This type of trust is used to benefit charities and also may provide income, gift and estate tax benefits.

Charitable Trust or Private Foundation

This Irrevocable Trust benefits one or more charitable organizations. By establishing a Charitable Trust or Private Foundation, an individual may minimize income, gift and estate taxes.