Charitable remainder trusts and charitable lead trusts are often used independently to accomplish a broad variety of personal and philanthropic planning objectives. In this case study, we see how these trusts can be used in combination to provide substantial current annual gifts to charity, a large remainder gift that will fund an endowment, and a large tax-free gift to the donor's heirs.  MORE »

Nongrantor charitable lead trusts are designed to pay an income stream to charity for a term defined in the trust instrument with the remainder interest passing to noncharitable remainder beneficiaries, often the trustor's children, upon termination of the trust. This case study describes how an inter vivos nongrantor charitable lead annuity trust can be used creatively to accomplish many of the trustor's philanthropic and estate planning objectives.  

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Most charitable remainder trusts are created with the intention of providing an income stream to the donors for their lifetimes with the remainder passing to charity at the conclusion of the trust term. In this case study, Mr. and Mrs.  Allen take advantage of a seldom used option that enables them to provide current annual gifts to charity as well.  MORE »

Writing in the February 10, 2009 edition of The Wall Street Journal, Mike Spector suggests that although investors aren't in a giving mood these days, the deepening recession and a low hurdle rate presents a rare opportunity for some people: the charitable lead trust.  MORE »

One of the greatest planning challenges for many philanthropists is to balance their goals of providing for charity in the immediate term and family members long-term. In this case study, The Sharpe Group illustrates how a couple concerned about an uncertain gift and estate tax environment uses an inter vivos nongrantor nonrersionary charitable lead annuity trust as a "temporary" private foundation.  MORE »

An understanding of a CLT is critical for any gift planner who wants to be in a position of becoming a donor's or potential donor's advisor. In order to do so, a gift planner must understand how a CLT works and be prepared to respond if other advisors to the donor should advise a CLT in the donor's financial, estate and charitable planning. This session will present the concept of this complex planned giving vehicle, different types and technical obstacles to setting one up. Examples will be worked through in an attempt to show participants how to determine the appropriateness of a CLT for any particular donor. Lastly, advanced uses will be addressed, with the specific facts and consequences presented.  MORE »

It is entirely possible and perfectly legal for an individual to transfer $5M, $10M, even $100M to family with no gift and estate tax. The individual could also become a philanthropist to a level never thought possible. The tool? charitable lead trusts. Despite this power, very few gift planners have actually closed a CLT. The reason is twofold: lack of understanding and lack of proper marketing. This session will present exciting new ways to think about CLTs, how to market them, and discuss the technical rules of CLTs as they relate to the new strategies. Syllabus for Gift Planners code: 3.01.06

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Understand how charitable lead trusts are used for intervivos and testamentary planning purposes. Be able to discuss lead trusts in plain English with colleagues, clients, donors and prospects. Identify charitable planning opportunities with charitable lead trusts.  MORE »

Looking for an alternative or supplemental investment for a nongrantor charitable lead annuity trust? In this article from the August/September 2004 issue of the Journal of Practical Estate Planning, David Holaday and Rodney Piercey discuss the benefits and design considerations of using a combination of life insurance and single premium immediate annuity as the investment engine in a family limited partnership used to fund a charitable lead annuity trust.  MORE »

This session will focus on the design and implementation of charitable lead trusts in today’s climate of low interest rates, changing tax law and sophisticated estate planning strategies. (Syllabus Codes 3.01.06)  MORE »