What is a Charitable Trust?

A charitable trust allows you to leave a legacy that benefits your interest or beliefs while providing important tax benefits to you, both immediately and in the future.

Charitable Lead Trust vs. Charitable Remainder Trust

There are two types of charitable trusts, both of which provide potential tax benefits in different ways. The first sees the charity paid first from the estate with the remainder going to beneficiaries (lead trust), and a second sees the charity paid after other beneficiaries have received payments from the estate. Payments may be a fixed amount, annuity trust, or a percentage of principle (remainder trust).

This summary of Charitable Trust planning was prepared by Stone Law, LLC and is intended to give general information about estate planning, not specific legal advice. For more information, contact Stone Law at 877-897-6591.

While we make a concerted effort to maintain and update the information on this site Stone Law, LLC makes no representation, warranty, or claim that the information on this site is current or accurate. Additionally, please be aware that state laws may differ, do not rely solely on information provided on this site without consulting a local attorney.