It's called a charitable lead trust.
- You place assets in trust for a number of years.
You select the time frame.
- During that period, we receive income from the
trust. You select the payout percentage. You
receive an income tax deduction.
- At the end of the trust, control of the assets reverts back to you.
This arrangement may be right for you if:
- You have a large amount of income in one year, or
- You are in a high income tax bracket and can afford
to give up control of an asset temporarily.
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