### Question
Can you define what charitable lead annuity trust means?


### Answer
**Charitable lead annuity trust** is defined as the following in *26 U.S.C. § 2642*:

> any trust in which there is a charitable lead annuity

#### Citation:
  - *26 U.S.C. § 2642*
  - Heading: **Subtitle B-Estate and Gift Taxes > CHAPTER 13-TAX ON GENERATION-SKIPPING TRANSFERS > Subchapter E-Applicable Rate; Inclusion Ratio**

