Charitable Lead Trusts

A donor creates a charitable lead trust by transferring ownership of an asset to a trust. The trust gives the income, or a percentage of the income, to Dominican University for a certain number of years (or until the end of the donor's life or another's life). At the end of that time the principal is either returned to the donor or distributed to named beneficiaries of the donor. A charitable lead trust provides a donor with a way of making a significant gift to Dominican University over a period of years while also leaving a large inheritance to his or her heirs at a low gift and estate tax rate.

Please contact us for more information about lead trusts.