Want to benefit from the tax savings that result from supporting LA Opera without giving up the assets that you'd like your family to receive in the future? Consider a donation in the form of a charitable lead trust.
Your gift through a charitable lead trust qualifies for a federal gift tax deduction. LA Opera receives payments from the trust until the trust is terminated. When the trust is terminated, the beneficiaries of the trust (for example, family members) will receive all the trust’s assets, which will include any asset growth that occurs within the trust, free of gift and estate tax.
Contact Kimberly Stafford at firstname.lastname@example.org or 213.972.3141.
Disclaimer: LA Opera provides information intended to introduce certain concepts, and we caution prospective donors not to rely on it for any legal, tax, investment, or other purpose. We encourage those considering a gift to consult their professional advisors before making any gift.