Charitable Lead Trust
Please contact your financial or legal advisor if you are interested in giving through a Charitable Lead Trust.
Your hard work has paid off and your business is growing. How can you preserve some of its value for your family?
How It Works
- You contribute securities or other appreciated assets to a Charitable Lead Trust.
- The trust makes annual payments to James Madison University for a period of time.
- When the trust terminates, the remaining principal is paid to you or heirs.
Benefits
- Income payments to us for a term reduce the ultimate tax cost of transferring an asset to your heirs.
- The amount and term of the payments to JMU can be set so as to reduce or even eliminate transfer taxes due when the principal reverts to your heirs.
- All appreciation that takes place in the trust may go tax-free to the individuals named in your trust.
Download a brochure on this topic:
Next
- More details about Charitable Lead Trusts.
- Frequently asked questions about Charitable Lead Trusts.
- Contact us so we can assist you through every step.
