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Testamentary Charitable Lead Annuity Trust (TCLAD)

A Testamentary Charitable lead Annuity Trust (TCLAD) is created under the terms of a will to provide funds to a beneficiary while avoiding estate taxes. With a TCLAD the beneficiary does not receive the funds upon your death, but must give away an amount equal to the trust to charities over several years. Once the money is given away the beneficiary will receive the remaining amount (typically the same as when it was created) in a tax free distribution. TCLADS provide many intrinsic values to the beneficiaries and are typically used in estates with more than 5 million in assets.

If you would like more information on Testamentary Charitable Lead Annuity Trusts or to create a Testamentary Charitable Lead Annuity Trust in Jacksonville or other areas of Florida, CONTACT our Florida Trust Lawyers by email or call us at 904-685-1200 to discuss your situation today.

Client Reviews
After years of trying to protect my assets from creditors, I was shocked to find out that my assets were unprotected in ways I had never considered. Not only had I placed my assets at risk from my mother's creditors, but I had placed my assets at risk from other family members who were intent on manipulation. When my mother died, I discovered that a family member had changed my mother's estate planning documents. Mr. Goldman and his team were able to explain what went wrong and successfully defended my position in court. During the case, I learned that I could have had much better protection from family and creditors, thus avoiding years of litigation and undue familial stress. When it comes to protecting your assets and your family, I would highly recommend hiring Mr. Goldman and his team. Bill H.
As a real estate agent, I have been involved with many property transactions where I needed a probate attorney to help facilitate the transaction. I have used the services of Mr. Goldman and his staff over the last several years and continue to use them on a regular basis. His office has been able to navigate the court system and help estates sell their property quickly and efficiently. In addition, Mr. Goldman can help real estate investors structure trusts to protect their assets from creditors. Michael Starling
This office is fantastic. I was faced with a horrible situation and this office helped to put an end to the untenable situation. Ms. Kendal Schoepfer was always available before, during, and after office hours to answer any questions that I had. I highly recommend this law office to all. Tisha Brown
Kendal was an amazing answer to a difficult time. Highly recommend her!!! Dana Ramsey