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 ...
KQED Summer Fun Adventures
This summer, KQED is partnering with tons of fun places in the Bay Area offering exciting adventures and special savings when you show your MemberCard.
KQED's Hot Summer Days and Night Guide
Our critics pick for the season's best concerts, books, movies, outdoor plays, visual arts and more.