Charitable Lead Trusts

A charitable lead trust pays income to the FSGA now, and significantly reduces tax liabilities when you transfer these assets to your designated heir at a later date.  The tax savings from a charitable lead trust may allow you to provide significant support for the game of golf at little or no cost to your heirs in terms of ultimate inheritance.

Charitable Lead Trusts are especially attractive during times when interests rates are low and when assets used to fund them are expected to grow over time.

How it Works

  • You contribute assets or securities to a charitable lead trust.
  • The trust makes fixed annual payments to the FSGA for a specified period of time.
  • When the trust ends, the remaining principal is paid to you or your heirs.


 

Benefits of a Charitable Lead Trust

  • The amount of the charitable gifts can be fixed or vary over time.
  • Income payments to the FSGA reduce the ultimate tax cost of transferring an asset to your heirs. 
  • This gift can reduce or eliminate income, estate, and gift taxes now and in the the future.
  • All appreciation that takes place in the trust goes tax-free to the individuals named in your trust.
  • You may be able to provide younger heirs with a larger inheritance at a more appropriate time in their life.

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