The Basics of Advanced Estate Planning: A Four-Part Series: By David Stejkowski, The Stejkowski Law Firm: Part 3: Charitable Lead Trusts
Think of a Charitable Lead Trust (CLT) as the opposite of a Charitable Remainder Trust. With a CLT, the money stream flows to charity now, while your children or grandchildren wait until later. During the waiting period, the trust invests and (we hope) grows. When the term ends, whatever is left—often more than you started […]