Newsletters Archives - Stablish Foundation

Use of a Charitable Lead Trust (CLT)

November 30, 2023

Like a Charitable Remainder Trust, a Charitable Lead Trust can be created when the client/donor contributes appreciated property to the trust. And like a CRT, a CLT can accept any type of property, such as cash, stocks, bonds, real estate, etc. However, while a CRT makes annual payments to the Donor and then distributes the trust assets to the designated charities upon the Donor’s death; a CLT makes annual contributions to the Donor designat- ed charities until the death of the donor and then distributes the remaining assets to the individual beneficiaries selected by the donor.