Other Planned Gift Arrangements

Charitable Lead Trusts

        A charitable lead trust is like a charitable remainder trust in reverse.  You
select the assets used to fund the trust and decide how long it will last, and
the Archdiocese receives income from the trust while it exists.  There is no
minimum payout.  When the trust terminates, its assets return to you or
your designated beneficiary.  This type of trust can be useful if you want to
reduce your current income, but wish to retain the assets for your family.  A
charitable lead trust can be a means to transfer substantial amounts of
wealth from generation to generation, free (largely free) of estate,
inheritance, and gift taxes.

        A charitable lead trust is a complex giving vehicle with many income,
estate, and gift tax consequences.  You should discuss your goals with your
legal and financial advisers to determine whether a charitable lead trust
would suit your plans.  You are also encouraged to contact the planned giving
professionals at the Archdiocese for more detailed information.

Advantages:
* Reduces current income while retaining assets
* Can be a low-cost means of transferring property to heirs
* Opportunity to make a substantial current gift to the Church
* Potential estate, inheritance, and gift tax savings