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Charitable Lead Trusts

CLICK HERE FOR A DETAILED EXPLANATION


How It Works

You contribute securities or other appreciating property to a charitable lead trust.

The trust makes fixed annual payments to The Latin School of Chicago for a period of time.

When the trust terminates, the remaining principal is paid to your heirs.

Benefits

  • The present value of the income payments to The Latin School 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 The Latin School can be set so as to reduce or even eliminate the transfer taxes due when the principal reverts to your heirs.
  • You have the satisfaction of making a significant gift to The Latin School now that reduces the taxes due on transfers to your heirs later.

More

To learn more about charitable lead trusts, E-mail us, complete the Information Request Form, or call us at (312) 582-6042 so that we can assist you.

Meet Donors

Dr. Richard Davis
“Latin's superb faculty always encouraged me to give my best effort,” recalls Dr. Richard Davis '43.


Good News! You can now make a tax-free gift from your IRA! Click here.