Charitable Lead Trusts
Ways to Give > Planned Giving > Charitable Lead Trusts
Charitable Lead Trusts
Planned giving through charitable lead trusts allows you to support Faith Christian School now while preserving assets for your family in the future. With both a Charitable Lead Annuity Trust (CLAT) and a Charitable Lead Unitrust (CLUT), you can establish a steady stream of income to Faith Christian School for a set number of years, after which the remaining trust assets return to you or your heirs, potentially reducing estate or gift taxes.
Charitable Lead Annuity Trust (CLAT)
A CLAT provides Faith Christian School with a fixed annual income based on a percentage of the trust’s original value. This structure is ideal for donors who want to make a significant contribution and support the school with a predictable annual amount. After the trust term ends, the remaining assets can pass on to your heirs, often with reduced tax implications.
Charitable Lead Unitrust (CLUT)
A CLUT provides annual income to Faith Christian School based on a percentage of the trust’s value, recalculated each year. With this approach, the amount given to the school may increase or decrease depending on the trust’s investment performance. When the trust term concludes, the remaining assets will be passed on to your heirs, preserving your legacy while helping reduce estate taxes.
Benefits of Charitable Lead Trusts
Both types of charitable lead trusts enable you to fulfill your philanthropic goals for Faith Christian School while optimizing your estate planning. By choosing the trust that best fits your financial goals, you can make an impact on the school today and safeguard your family's future.
Questions?
Contact: Amy Milberger
Director of Development
amilberger@fcsva.com
540.769.9630 ext 139