950 Main Street • Worcester, MA 01610
Tel: 508 793 7166 • alumni@clarku.edu
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Alumni & Friends 950 Main Street • Worcester, MA 01610 Tel: 508 793 7166 • alumni@clarku.edu |
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| Home > Advancement > Planned Giving > Life Income Gifts | |
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Advancement |
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Charitable Lead Trust
What is a Charitable Lead Trust?A Charitable Lead Trust is a gift plan defined by federal tax law that allows you to provide immediate income to Clark for a fixed term of years. How does a Charitable Lead Trust Work?In a Charitable Lead Trust you irrevocably transfer cash, securities, or other property to the trust. During its term, the trust pays a percentage of its value each year or a fixed sum to Clark University. When the trust ends, the remaining assets pass to your family or other heirs you name, tax-free. Here's how a Charitable Lead Trust Works
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