Charitable Lead Trust
(A Charitable Way to Pass Assets to Heirs)

How it works

	You contribute cash, securities or other property to a trust.
	The trust makes fixed annual payments to Tufts University for a specified term of years.
	When the trust ends, the remaining principal goes to your heirs.

Benefits

• You qualify for a gift tax deduction for the present value of the annuity payments to Tufts.
• The annuity payments and the term of the trust can be specified in such a way so as to reduce or even eliminate the transfer taxes due when the principal reverts to your heirs.
• All appreciation that takes place in the trust goes tax-free to your heirs.
• You can use your available estate tax credit ($2 million per person for the years 2006, 2007, and 2008; in 2009 the estate tax jumps to $3.5 million) to further reduce taxes on transfers to your heirs.
• You can have the satisfaction of making a significant gift to Tufts now that reduces the taxes due on transfers to your heirs later.

For more information

Email us, complete the personal illustration form, or call us at 1-888-PGTUFTS so that we can assist you through every step of the process.