A Charitable Lead Trust (CLT) is a strategic way to make a lasting impact at Brockport and ensure your beneficiaries receive assets down the road.
How it works:
- Fund the trust with cash, stocks, or real estate.
- Make annual charitable payments to Brockport for a set period.
- Pass the remaining assets to your chosen beneficiaries after the trust term ends.
- Enjoy tax benefits, including an immediate deduction for the value of your charitable contributions.