Sample CLATs

Thanks to the Internal Revenue Service for its help to the estate-planning and charitable-giving community, by publishing sample charitable lead annuity trusts (CLATs). This is a welcome benefit for us, because unlike charitable remainder trusts (CRTs), there aren't regulations fleshing out the Internal Revenue Code provisions. In fact, lawyers who've drafted CLATs and the lawyers at the IRS often

Thanks to the Internal Revenue Service for its help to the estate-planning and charitable-giving community, by publishing sample charitable lead annuity trusts (CLATs). This is a welcome benefit for us, because unlike charitable remainder trusts (CRTs), there aren't regulations fleshing out the Internal Revenue Code provisions. In fact, lawyers who've drafted CLATs — and the lawyers at the IRS — often looked to the CRT regulations and the Service's sample CRT forms for guidance. The IRS' samp

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