CLUT, CLUT, CLAT
Everything you always wanted to know about charitable lead trusts but were afraid to ask.
With a charitable lead trust, the organization doesn’t have to wait until the expiration of the non-charitable interest but rather receives the interest at the start. As with remainder trusts, there are requirements governing lead trusts.
Properties of CLUTs and CLATs
For starters, a charitable lead trust can be a charitable lead annuity trust or a charitable lead unitrust.
- Places:
- CLUTs
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