Charitable Lead Trust

By creating a Charitable Lead Trust you build a charitable fund with us for a predetermined number of years or your lifetime.  At the end of the trust's term, the principal and any capital growth reverts to you or your beneficiary, often with significant transfer-tax savings.

How it works

• You transfer cash, securities or other property to us.
• The income is distributed to a charitable purpose.
• The trust can be terminated upon your death or after a predetermined number of years.
• You determine the beneficiary of the trust.
• When the terms of the trust expire, the remaining principal goes to you or your beneficiary.

Benefits

• Gift can be in cash, securities, real estate or other property.
• You may qualify for a charitable tax deduction for the present value of the charitable distributions.
• You can select the term of the trust: a select number of years or your lifetime.
• You can determine whether the principal should revert to you or your beneficiary when the trust ends.
• A means by which you support a United Methodist ministry and provide an inheritance for your beneficiary with possible tax benefits.

For additional information on how to establish and/or the benefits of a Charitable Lead Trust contact us via e-mail info@umfwv.org or call us toll free at 1-800-788-3746 ext. 45.  We will glad to assist you and/or your estate planner through every step of the process.

The Foundation does not give legal advise or tax advice. 
Always consult with your own advisors before deciding which gift works best for your circumstances.