Articles Posted in California estate planning attorney

A charitable lead trust (CLT) is a trust where assets are transferred to a trust for the benefit of a charitable entity.  The CLT then makes payments to one or more charities for fixed duration of time or for the lifetime of a selected individual.  When the CLT’s term ends, the remaining assets are transferred…

A charitable remainder trust or (CRT) is a type of irrevocable trust that allows the person who creates it (called the “Grantor”) to receive income from the trust and even split the income with other beneficiaries for a period of time.  After the period expires, the assets that remain in the trust are gifted to…