A Legacy Shared & Redoubled
Charitable Lead Trusts lower your estate taxes rather than pay you income. Your lead trust benefits Foxcroft while increasing your family's inheritance by reducing estate taxes.
To create a lead trust, you place income-producing property in a trust that uses the property's income to make several years of payments to a charity like Foxcroft.
These charitable payments entitle you to a substantial estate tax deduction, thus reducing taxes on the property that is transferred to your family's beneficiaries at the end of the trust term. Your chosen beneficiaries inherit the property is not needed by you or your family. Unlike CRTs, lead trusts are subject to capital gains tax on the sale of assets. Charitable lead trusts are complicated legal entities that require careful consultation with expert counsel. Nonetheless, with good legal counsel, a lead trust can sometimes be central to your legacy plans for your family and Foxcroft.
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These charitable payments entitle you to a substantial estate tax deduction, thus reducing taxes on the property that is transferred to your family's beneficiaries at the end of the trust term. Your chosen beneficiaries inherit the property is not needed by you or your family. Unlike CRTs, lead trusts are subject to capital gains tax on the sale of assets. Charitable lead trusts are complicated legal entities that require careful consultation with expert counsel. Nonetheless, with good legal counsel, a lead trust can sometimes be central to your legacy plans for your family and Foxcroft.
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An all-girls boarding and day school in Northern Virginia, Foxcroft prepares young women in grades 9-12 for success in college and in life. Our outstanding academic program offers challenging courses, including Advanced Placement classes and an innovative STEM program. Our premiere equestrian program is nationally recognized, and our athletic teams have won conference and state championships. Experience the best in girls' boarding schools: visit Foxcroft.
