A charitable lead trust is structured so that assets from the trust are distributed to at least one charitable beneficiary for a specified period of time first. At the end of that time period, the assets remaining in the trust are distributed to at least one non-charitable beneficiary. For example, imagine that you established a charitable lead trust and transferred $200,000 into the trust. The terms might direct distributions in the amount of $20,000 to be made to your chosen charity each year for five years. The terms might further dictate that at the end of that five year period the remaining assets are to be distributed to your grandchildren in equal shares.