Charitable Lead Trust

Overview of Charitable Lead Trust process chart - details described below.

How It Works    

  1. You contribute long term held, appreciated securities or other appreciated assets to a charitable lead trust.   
  2. The trust makes annual payments to Penn Medicine for a period of time.   
  3. When the trust terminates, the trust remainder is paid to your heirs.

Benefits

  • The present value of the income payments to Penn Medicine reduces your gift/estate tax.
  • All appreciation that takes place in the trust goes tax-free to your heirs.
  • The amount and term of the payments to Penn Medicine can be set so as to reduce or even eliminate transfer taxes due when the trust assets revert to your heirs.
  • You have the satisfaction of making a significant gift to Penn Medicine now that reduces the taxes due on transfers to your heirs later.

For More Information

Email us or call us at 215-898-9486.