Charitable Lead Trusts
How it works
You contribute securities or other appreciating assets to a charitable lead trust.
The trust makes annual payments to the University of Pittsburgh for a period of time.
When the trust terminates, the remaining principal is paid to your heirs.
- The present value of the income payments to the University of Pittsburgh reduces your gift/estate tax.
- All appreciation that takes place in the trust goes tax-free to your heirs.
- The amount and term of the payments to the University of Pittsburgh can be set so as to reduce or even eliminate transfer taxes due when the principal reverts to your heirs.
- You have the satisfaction of making a significant gift to the University of Pittsburgh now that reduces the taxes due on transfers to your heirs later.
For more information