FROM THE RECIPIENT CHARITY'S PERSPECTIVE, AN iCLAT SHOULD BE CONSIDERED AS AN "ENHANCED" PLEDGE ARRANGEMENT, AND COMMUNICATED AS SUCH WITH ANNUAL DONORS (BOTH CURRENT & PROSPECTIVE)!
An iCLAT is like a "pledge arrangement" because it provides recurring annual gifts to charity.
An iCLAT is "enhanced" because it will provide your valued annual donors with a very large IMMEDIATE current year charitable income tax deduction.
The IMMEDIATE charitable tax deduction generated by an iCLAT is so large that it's almost equal to the total sum of the iCLAT's annual gifts to your charity. Just take a look at the chart below!
(# of Years)
% Year 1 Charitable Deduction
(*Based on the SUM of the iCLAT's Annual Payments to Charity)
TAX SAVINGS FOR
MANY OF YOUR VALUED
GREATER RECURRING ANNUAL REVENUES SECURED FOR
COMMON MISCONCEPTIONS CHARITIES HAVE ABOUT
CHARITABLE LEAD TRUSTS (CLTs)
"ALL charitable lead trusts are complicated planning tools and very difficult for a donor to actually establish."
In Which States Will an iCLAT Generate
the Greatest Amount of IMMEDIATE Tax Savings?
GREATEST - Top Tier State Income Tax Rates AND 100% Charitable Deduction
*The highest income tax rate in these States range from 7% to 13%.
GREATER - 2nd Tier State Income Tax Rates AND 100% Charitable Deduction
*The highest income tax rate in these States range from 2% to 6.9%.
GREAT - States with NO Income Tax Rates OR NO State Charitable Deduction
* iCLATs Save U.S. Income Taxes Only in these States