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Charitable Lead Trust
Grantor
How Does It Work
- Create trust agreement outlining terms of the trust—usually for a term of years
- Transfer cash or other property to trustee
- Trustee invests and manages trust assets
- Trustee makes annual payments to Johns Hopkins
- Remainder transferred back to you
Benefits
- Annual gift to Johns Hopkins
- Property returned to donor at end of trust term
- Professional management of assets during term of trust
- Charitable deduction, but you are taxed on annual income
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