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A CLAT is an irreversible trust that might be developed by a donor either intervivos,or upon death,and which specifies that an annual fixed dollar quantity should be paid at least each year to charity until the termination of the defined term,at that point the trust properties pass to,or in trust,for the noncharitable receivers complexity.

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If you are like the majority of family company owners,your initial idea is that you wish to pass business on to your loved ones.
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This can avoid these assets from transferring to the living spouse’s new partner,needs to she remarry letter.
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