|
Advantages
| a |
Provide
significant support for a NOBTS program which is important
to you. |
| a |
Provide
a substantial inheritance for your heirs. |
| a |
Receive
a gift or estate tax deduction based on the present value
of your projected gift payments to NOBTS. |
| a |
Reduce
the size of your estate and thus estate taxes that could be
due. |
| a |
Be
invited to join the DeMent
Society honoring those who have established a planned
gift with NOBTS. |
| a |
Participate
in the mission and work
of New Orleans Seminary. |
Best
Assets to Use for a Lead Trust
| a |
Cash
or other income-producing assets. |
| a |
Interests
in family businesses and family limited partnerships. |
| a |
Income-producing
property with a high-appreciation potential -- allows property
to be transferred eventually to family beneficiaries at a
low cost. |
Who
Will Benefit From Establishing a Lead Trust?
| a |
A
person with an estate of $3 million or more who is concerned
with high estate taxes. Under current tax laws, any
inheritance in excess of $650,000 left to heirs is taxed at
rates as high as 55 percent. |
| a |
A
person who has more income than he or she feels is necessary. |
| a |
A
person who wishes to transfer assets to children or grandchildren
at reduced gift and estate tax cost. |
| a |
A
person who would rather give money to NOBTS and its work rather
than the government. |
| a |
A
person who has an income-producing asset suitable to establish
a lead trust. Note that a lead trust is not tax-exempt.
Therefore, it can be a disadvantageous to establish a charitable
lead trust with an appreciated asset if the plan is for the
trust to sell the asset. On the other hand, if the asset
is appreciated stock and the trust sells just enough each
year to make its payout, the trust can work well. |
Types
of Charitable Lead Trusts - Next Page
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