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Charitable Lead Trust The Charitable Lead Trust generates income for Soroptimist now, while reducing the tax cost of transferring assets to the next generation. The lead trust holds donated assets for your lifetime or for a term of years and pays an annual income to us. Soroptimist benefits from this guaranteed income stream while your family enjoys several tax advantages:
- When the lead trust is established, the assets placed in the trust are frozen in value for transfer-tax purposes. When the trust terminates, the assets pass back to your family without any further gift or estate tax.
- Our income interest further reduces the upfront taxable gift to your family. This feature makes the lead trust especially attractive if you are holding assets that are likely to appreciate significantly, such as rental real estate or appreciated stock, before they are transferred to the next generation.
To learn more about Charitable Lead Trusts, Email us, complete the Information Request form, or call us at (215) 893-9000 so that we can assist you. |
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