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Record keeping is also a lot easier,since there’s no need to keep personal funds separate from the estate’s funds and there are also no tax issues regarding who owns the income generated by the account 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 com Estate Planning Lawyer.
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