Charitable Lead Trust (CLT)
A Charitable Lead Trust (CLT) allows you to support K-LOVE today while preserving wealth for future generations. This smart giving strategy provides annual income to K-LOVE for a period of time — and then passes remaining assets to your heirs, often with significant tax savings.
Why create a CLT?
A CLT is ideal for those who want to make a meaningful impact now but ultimately pass assets to loved ones. It?s a powerful tool to reduce gift and estate taxes while modeling generosity to your family and supporting Kingdom work during your lifetime.
Benefits of a charitable lead trust
- Provide current income to K-LOVE for a set number of years
- Pass remaining trust assets to family with reduced taxes
- Remove appreciating assets from your taxable estate
- Support the mission of K-LOVE now — and leave a legacy for your heirs later
- Model values-based stewardship to the next generation
How a CLT works
- You transfer assets (such as cash, stock, or real estate) into a Charitable Lead Trust.
- The trust makes annual payments to K-LOVE for a fixed term of years or the duration of your life.
- After the term ends, remaining assets pass to your heirs — often with reduced gift and estate tax liability.
You retain no control over the assets during the trust term, but your gift supports ministry now and may reduce your taxable estate.
Is a CLT right for you?
A CLT may be a good fit if you:
- Want to give generously now while ultimately benefiting your family
- Seek to reduce estate or gift taxes
- Are comfortable transferring assets now without retaining control
- Have philanthropic and multigenerational goals
A CLT must be created with the help of a qualified estate attorney or advisor. Our team is happy to collaborate with your professionals to ensure your plan reflects both your values and goals.
Contact us
We'd love to talk with you about how a Charitable Lead Trust can support K-LOVE while helping you meet your financial and family goals. Please contact us today.
