Bear Market Provides Boost to a Little-Known Strategy; a Record Low Hurdle Rate

By Mike Spector

Two Trust Flavors
Charitable lead trusts generally come in two flavors: charitable lead annuity trusts and charitable lead unitrusts. In an annuity trust, the donor sets a fixed annual gift for charities. In a unitrust, the charitable beneficiaries receive a percentage of the trust's value each year, meaning those benefits will fluctuate based on the trust's investment returns or losses.