Charitable lead trust
Without the support of our generous circle of givers, PacRep could not withstand the "whips and scorns of time."
Individuals with very large estates can use a charitable lead trust to benefit Pacific Repertory Theatre and pass principal to family members with little or no tax penalty.
How it works
You transfer assets to a trust that makes payments to Pacific Repertory Theatre for a term of years. The trust principal then goes to your children, grandchildren or others, free of, or at greatly reduced, federal gift and estate tax.
Please note that a generation-skipping tax (GST) is imposed on large transfers to grandchildren and others who are more than one generation younger than you.
We make no claims regarding the accuracy of this information or the tax consequences of your use of it. Please consult your own tax, legal or financial planning advisor.