Charitable Lead Trust


A charitable lead trust involves payments, either of a fixed amount (charitable lead annuity trust) or a percentage of trust principal (charitable lead unitrust), to a charity during its term. At the end of the trust term, the remainder can either go back to the donor or to heirs named by the donor. Click on this article for more details: https://www.investopedia.com/terms/c/charitableleadtrust.asp