Gifts that Protect Your Assets
Increase the benefits - and lower the cost - of your legacy.
If you are worried about the cost of passing your appreciated assets to the next generation, you may be a good candidate for a charitable lead trust (CLT). A charitable lead trust will give you tax savings this year, provide years of support for ISC, and also grow your assets for your family to receive someday.
Charitable Lead Trust
ISC partners with the Vermont Community Foundation to offer our supporters charitable lead trusts.
In the most common form of charitable lead trust, a donor creates a qualified trust document, names a trustee, and transfers assets to this trustee for a specified period of years or the life of an individual. During the term of the trust, annual payments are made to ISC. At the end of the trust term, the remaining assets pass to your heirs free of any further transfer taxes.
By carefully selecting the payout rate and the term length, you can greatly diminish or completely avoid the payment of any transfer taxes. Charitable lead trusts offer philanthropic individuals a splendid method of combining their annual philanthropy with a tax-efficient means of transferring wealth to the next generation.
If you would like to learn more about establishing a charitable lead trust that benefits ISC, please contact a member of the Development team.
