• Charitable Lead Trusts: Getting to know the “iCLAT”

  • Dec 13 2024
  • Length: 43 mins
  • Podcast

Charitable Lead Trusts: Getting to know the “iCLAT”

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  • Summary

  • Wanna know a SECRET? With a record $557 Billion donated in 2023 in the U.S., it is possible that a donor might ACTUALLY achieve all his or her tax and charitable goals---with nonprofits benefiting deeply---using a woefully underutilized tool. What's it called? The Charitable Lead Annuity Trust, or "CLAT." It's like the Swiss Army knife of charitable giving. And, a type of CLAT---known as an “iCLAT"---is a tool accessible to every CPA, wealth advisor, and trusts & estates attorney, and especially those working with moderate-to-wealthy clients. Complex estate planning guru Brad Gornto explains it all to you!

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