Life Income Trusts

Unique Gifts with Real Impact

Remainder Trusts and Lead Trusts

Charitable Remainder Trust

The charitable remainder trust makes quarterly or annual payments for life or a term of years to you and/or a beneficiary of your choosing. At the end of the term, the trust distributes remaining assets to Children’s National and other designated beneficiaries with a reduced gift and estate tax liability. A remainder trust is a preferred choice for those who hold appreciated property, such as securities, a closely held business, real estate or partnership interests and would like to avoid or defer capital gains tax. Contact us for a personalized gift illustration.

Charitable Lead Trust

Make an impact now at Children's National and support your family later through a charitable lead trust. You transfer cash or other assets to a trust that makes payments to Children's National for a number of years based on a term or a lifetime, after which the remainder goes back to you or passes to your designated non-charitable beneficiary. The stream of income that flows to Children’s National is either a fixed amount or a percentage of the value of the trust property as revalued annually.

What to Consider

A charitable lead trust is fully taxable; the trust pays both income and capital gains taxes, unlike the charitable remainder trust that is tax exempt. You can make a charitable income tax deduction if you are taxed on the trust income.
A charitable lead trust reduces or cuts the gift tax cost of transferring wealth to children or grandchildren and gives appreciated property to heirs without further gift or estate tax liability. You can set up a charitable lead trust during your lifetime or by a provision in your will.

Tax ID: 52-1640402

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor to determine what is best for your personal circumstances.

Contact Information

Please contact Tamara Sperling for more information.

Email us Call 301-244-6242