A charitable lead trust can work well for high net worth individuals who face substantial estate and gift tax liability. Income-producing assets such as stock or real estate are irrevocably transferred to a lead trust, which pays income to an organization like KQED for a number of years. Following the term of the trust, the property transfers back to other individuals - typically the donor's children or grandchildren - at reduced costs, because appreciation of the asset while it is in the lead trust is not taxed when transferred back. This is an excellent way to transfer to your heirs assets that are expected to appreciate in value.
Also on KQED.org this week ...
Disability Culture Month
Each October, KQED hosts a Celebration of Disability Culture, airing special programs that explore the complex web of experiences and issues faced by people with disabilities.
California Election Watch 2014: The Voter Guide
Don't have time to sort out all the statewide propositions and races for the upcoming November 5 election? Get help from KQED's Voter Guide!