Epworth Children’s Home
2900 Millwood Ave
Columbia SC 29205
803-256-7394

Charitable Lead Trusts

Charitable lead trusts are essentially the reverse of charitable remainder trusts. The income from the trust is first paid to us; the charity’s interest leads the way (hence the name of the trust). With this trust, you transfer assets to a trustee who makes payments to us for a specified number of years, after which time the assets are transferred to your heirs. The charitable lead trust allows you to pass assets on to your children and grandchildren either completely free or substantially free of all estate and gift taxes.  It can make good sense for anyone in the top estate and gift tax brackets.

Copyright 2000-2013 by Calder P. Sinclair.  All rights reserved.  This information is designed to provide accurate and authoritative information in regard to the subject matter covered.  It is provided with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services.  If legal advice or other expert assistance is required, the services of a competent professional person should be sought.