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A primary goal for many estate plans is to protect and provide for loved ones and their future needs.

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A CLUT is an irrevocable trust that may be developed by the donor either intervivos,or upon death,and which defines that a yearly “unitrust quantity” must be paid at least every year to charity till the termination of the Specified term,at that point the trust assets pass to or in trust for the noncharitable recipients steveblisslaw estate planning lawyer A long as your premium payment follows the “gifting” guidelines,as explained below,there will be no gift taxes incurred by either you or your beneficiaries.

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