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Charitable Estate Planning
Charitable Lead Trust

[pemito's story]Individuals who wish to make substantial current contributions to support the performing arts while controlling the eventual distribution of their assets will want to consider the Charitable Lead Trust.

The Charitable Lead Trust comes in two versions, Unitrust and Annuity Trust, and has been used by philanthropists for years as a way of passing along large portions of their estates to heirs without significant erosion of assets due to gift and estate taxes.

How a Charitable Lead Trust Works:

Benefits Charitable Lead Trusts provide include:
Charitable Lead Trusts can be established during one's lifetime, or can take effect at one's death as part of the testamentary estate plan.

At each step of this process the Kennedy Center staff is available to speak with you and your advisors. We can provide you with sample documents, calculations showing tax advantages, suggestions as to what assets you might wish to consider using to fund a CLT, etc. We encourage you to seek advice of independent and objective legal and financial council.