Most often used in sophisticated financial and estate planning as a method to reduce gift and estate taxes.
With a CLT, AMU receives income (fixed or variable) for the lifetime of the individual or a term of up to 20 years. The beneficiary receives the remainder of the trust while avoiding some or all of the estate taxes.
Your contribution to a CLT provides AMU with an income stream which will contribute to our success during your lifetime. Some advantages to a CLUT include:
- Reduce or eliminate estate taxes
- Supports our mission now
- Potential tax savings on donated appreciated assets
Calculate the benefits of this gift.
**The material presented on this site is not offered as legal or tax advice. Ave Maria is not engaged in legal or tax advisory services.