Charitable Lead Trusts
Charitable Lead Trusts are most appealing to wealthy donors who want
to pass appreciated assets to their heirs without paying a substantial
amount in taxes. This is done by allowing LCSC to receive income from
the donorís assets for a specified time, after which the asset is
transferred back to the donor or to the donorís heirs, who do not have
to pay any additional taxes.
The donor does pay a gift tax on the asset when it is placed into the
trust, after which it can grow tax-free. A lead trust can, however,
reduce gift and estate taxes or provide a charitable deduction for the
For more information on Charitable Lead Trusts, please contact the
College Advancement Office at (208) 792-2458.