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Lead trusts allow you to transfer assets to a trust that pays Cleveland Metroparks an income for your lifetime, or specified number of years. At the expiration of the lead trust, remaining assets transfer to the donor’s beneficiaries with decreased or eliminated estate and gift taxes.
Cleveland Metroparks is available to assist you or your advisors with additional information regarding charitable lead trusts. For more information, please contact Karen Kannenberg, CFRE, at kjk@clevelandmetroparks.com or 216-635-3217.
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