Charitable Remainder & Lead Trusts
Sometimes the best way to give some of your assets and estate to a charity of your choice is through a remained and/or lead trust. Both involve an individual putting their assets into a trust that is then distributed to a charity of their choice over a specified period of time. The beauty of both of these trusts is that they potential offer an avenue for not just providing money to a specific charity, but also minimizing the estate or gift tax that would have to be paid in the process. All in all, if you are interested in creating a trust to move some of your assets into a charitable organization, you will want to consult with a qualified legal attorney.
At Clausen & Centrich PLLC, we are dedicated to assisting our clients in creating, managing, and executing their charitable remainder & lead trusts in an efficient and comprehensive manner to protect their assets. With over 90 years of combined legal experience, our veteran attorneys know how to ensure that your legal wishes are fulfilled while not ignoring your other legal, financial, and business needs.