By creating a Charitable Lead Trust, you may create an irrevocable gift for a term of years with the income from this gift being paid to The McPherson Healthcare Foundation. At the end of this term, the property reverts back to the trustee.
Benefits include:
- Immediate federal income tax deductions
- Estate and gift taxes may be avoided on the appreciated value of the property under the specified time of the trust arrangement
- Avoid estate and gift tax when passing ownership of property to family members
Chad Clark, Executive Director
McPherson Healthcare Foundation
1016 N. Main, McPherson, Kansas 67460
Phone: 620-245 0130 E-Mail: chad@machealthfound.info