Charitable Lead Annuity Trust (CLAT) (FL) | Practical Law

Charitable Lead Annuity Trust (CLAT) (FL) | Practical Law

A Standard Document creating a charitable lead annuity trust (CLAT) for a settlor residing in Florida. A CLAT is a charitable lead trust (CLT) created for the initial benefit of one or more charitable beneficiaries who receive a fixed annuity for a specified term. At the end of the term the remaining property is distributed to one or more non-charitable remainder beneficiaries.

Charitable Lead Annuity Trust (CLAT) (FL)

Practical Law Standard Document w-000-3050 (Approx. 38 pages)

Charitable Lead Annuity Trust (CLAT) (FL)

by Practical Law Trusts & Estates
MaintainedFlorida
A Standard Document creating a charitable lead annuity trust (CLAT) for a settlor residing in Florida. A CLAT is a charitable lead trust (CLT) created for the initial benefit of one or more charitable beneficiaries who receive a fixed annuity for a specified term. At the end of the term the remaining property is distributed to one or more non-charitable remainder beneficiaries.