An iCLAT (Immediate Charitable Lead Annuity Trust) is a transformative strategy that offers an instant boost to charitable tax deductions. The objective is simple: to generate a large immediate charitable income tax deduction in the current year based on your client’s future annual gifts to charity.

This immediate tax relief is perfect for individuals with substantial incomes from a large bonus, commission, sales of property or businesses, IRA, 401(k), retirement plan distributions, Roth IRA conversions, large K-1 income, ISOs, IRD items from an estate/trust, or other related sources. 

The iCLAT strategy is especially impactful for those clients who already make charitable gifts to one or more charities on a recurring annual basis. There is no need for your clients to write big checks or transfer assets to a donor-advised fund (DAF) or private foundation in order to receive a very large “upfront” charitable deduction in the current year! 

Elevate your advisory/CPA services by helping clients generate much-needed tax savings in the current year while they simply continue making donations to their favorite charities, their own donor-advised fund, or private foundation on their preferred annual basis.

Learning Objectives:

• Identify the key benefits and distinctions of the iCLAT, especially in comparison to other charitable giving mechanisms like donor-advised funds (DAF) or private foundations


• Recognize the two common ideal client situations for iCLAT consideration and review cases/examples to gain a solid understanding


• Evaluate the suitability of the iCLAT as a strategic tool for clients with specific financial circumstances, such as large bonuses, property sales, or IRA conversions, to optimize their charitable income tax deductions


• Recognize the scenarios in which clients already committed to regular charitable donations can best leverage the advantages of the iCLAT to achieve immediate tax relief without disrupting their ongoing contributions