Giving
Estate and Planned Giving
Charitable Lead Trust
Charitable Lead Trust
The income from a charitable lead trust can be directed to Chaminade for an established number of years. At the end of the term, the trust becomes the property of the individuals named by you. This differs from the unitrust or annuity trust in that Chaminade receives income from the trust during the trust period, rather than the trust corpus at the end of the trust period.
- Unlike a charitable remainder trust, a charitable lead trust is not tax-exempt. Trust income is taxed like the income of any other complex or grantor trust.
- Requires legal setup and likely ongoing maintenance costs.
- Careful planning is required to ensure the trust can make its required payments during the trust term.
- The trust is irrevocable.
Contact Us
For more information on including Chaminade College Preparatory in your estate plans, please contact:
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Kristine D. Calara
Vice President of Advancement
818.360.0615
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