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Now Is the Time To Consider A Charitable Lead Trust

Traditionally, charitable lead trusts (CLTs) were the province of the ultra wealthy, people with $25 million or more. That's because, typically, a client had to have sufficient funds to create a significant long-term trust providing along the way for charities, yet still have a satisfactory amount remaining for family members. But these days, the CLT can work for clients who have $10 million or more

Traditionally, charitable lead trusts (CLTs) were the province of the ultra wealthy, people with $25 million or more. That's because, typically, a client had to have sufficient funds to create a significant long-term trust providing along the way for charities, yet still have a satisfactory amount remaining for family members.

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