Frequently Asked Questions
How does a Charitable Lead Trust work?
You transfer assets to an irrevocable trust that pays Packard Children's a fixed payment for a term of years you select, or for a person's life. When the trust term ends,
individuals you designate receive whatever remains in the trust. You select the charitable organization, determine how
much it receives and choose the remainder beneficiaries.
Who typically creates a Charitable Lead Trust?
Individuals who have large estates who are concerned about the gift and estate taxes that will occur when their estate passes to their beneficiaries. It is one of the most complex gift planning vehicles and it is advised that you consult an experienced financial advisor.