The best time to consider a Charitable Lead Trust is during a period of low interest rates.
A Lead Trust allows you to distribute trust income annually to Visiting Nurse Association of Pottstown for typically a term of years.
These distributions generate possible federal income tax savings for yourself and federal
estate tax savings for your family.
A Grantor Lead Trust benefits a donor experiencing
a huge buildup of income tax liability in a given year by creating a sizeable charitable
deduction for that year. The charitable deduction takes in consideration the trust's
projected charitable interest over the term. This situation could occur during the
sale of a business. Assets are returned to the donor at the end of the term.
A Nongrantor
lead trust can help transfer assets to heirs with a minimum exposure to Federal
Estate Tax. The charitable interest decreases the Federal Estate Tax exposure to
family and friends during the inception of the trust, when the gift to individuals
is recognized. This, also, eliminates any estate tax on growth of these assets,
as they are distributed to noncharitable beneficiaries at the end of the term. Please
consult your attorney or other financial adviser to review the deductibility of
any gifts or other planned giving ideas.
For more information, please contact:
Director of Development
Visiting Nurse Association of Pottstown
1170 Berkshire Blvd.
Wyomissing, PA 19610
(610) 378-0481 ext. 3234
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