Defining a charitable lead trust

08/09/2009
Defining a charitable lead trust

Listen "Defining a charitable lead trust"

Episode Synopsis

By Emanuel J. Kallina, II, Guest columnist  A charitable lead trust (CLT) is a vehicle by which a donor irrevocably transfers assets to a trust; the trust then makes income payments no less than annually from those transferred assets to a charity for a set term. The trust may be structured two ways: as a […]