Both Charitable Remainder Trusts and Charitable Lead Trusts (CLT) result in gifts being made to a charity. They differ with respect to the timing of the gift. With a CRT, the Trustmakers receive the trust’s income and the charity receives the assets remaining at the time the trust terminates, which is usually at the death of the Trustmaker or beneficiary. With a CLT the charity receives the trust’s income and the Trustmaker (or the Trustmaker’s selected beneficiary) receives the assets remaining at the time the trust terminates. Recipients of income and assets are reversed with a CLT compared to a CRT.