Charitable Lead Trusts

A Charitable Lead Trust enables you to transfer wealth to future generations at significant tax savings-and also helps you meet your philanthropic goals.

Charitable Lead Trusts are especially helpful for donors in high and estate tax brackets. Through such a vehicle, the donor transfers assets to a Lead Trust. A fixed annual amount or percentage goes to Carolina Day School for the duration of the trust. (The duration can be a specific term of years, or lifetime.) Then the remaining assets of the trust pass to the trust's beneficiaries (usually the donor's heirs). This trust is generally used to transfer wealth to children or grandchildren by greatly reducing transfer taxes (estate tax, gift tax, generation skipping tax). Charitable Lead Trusts are complex, but they are also highly flexible and can be extremely effective. Your accountant or estate planning attorney can help you design a Charitable Lead Trust which best suits your particular needs and circumstances.

Besides helping you and your family reduce exposure to taxes, Charitable Lead Trusts allow you to support causes during your lifetime. Many individuals have found Charitable Lead Trusts to be a meaningful way to provide current, significant support of Carolina Day School-such as support of a current campaign, building project or a pledge that the donor has made.

Your Charitable Lead Trust with Carolina Day School qualifies you for membership in our Bell Ringers' Society, a recognition society of friends who have remembered Carolina Day School in their estate plans.