### Question
How does SKIPPING TRANSFERS define charitable lead annuity trust?


### Answer
Under *26 U.S.C. § 2642*, **charitable lead annuity trust** is defined as:

> 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**

