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                                                      Charitable Lead Trusts

                                                      The lead trust makes payments, either a fixed amount (annuity trust) or a percentage of trust principle (uni-trust), to NBI for a set term of years to support any program you might designate. When the trust terminates, the asset is ultimately returned to you (a grantor lead trust) or to your heirs (a non-grantor lead trust). You may claim a charitable tax deduction for funding a non-grantor lead trust. The lead trust is one of the few ways to reduce transfer taxes that would otherwise be due on assets left to your heirs.


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