A Lead Trust allows you to transfer assets to your heirs with a significant estate tax savings while making a gift to Children's Hospital Central California. It is an excellent way to transfer property if you are willing to forego investment income on an asset but do not want to force your heirs to surrender the principal. There are two types of lead trusts: Lifetime and Testamentary.
This type of trust pays out income to the Hospital for a number of years that you specify or for the life of one or more individuals that you name. The income can be the same amount each year or a percentage of the trust value. When the term of the trust is reached, the principal goes to your family, with estate or gift taxes reduced or even eliminated.
This type of trust is created in a person’s will. The major difference is that the hospital would begin to receive income only after the owner’s death.
Foundation@ChildrensCentralCal.orgTax ID#: 94-2797447
Phone: 559.353.7145TFierro@ChildrensCentralCal.orgTax ID#: 77-0115677
9300 Valley Children's Place, PC 17 Madera, CA 93636-8762Fax: 559.353.7160
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