• Making the CLT Your New Best Friend
  • February 13, 2014 | Author: Turney P. Berry
  • Law Firm: Wyatt, Tarrant & Combs, LLP - Louisville Office
  • Suppose I create a Clat within the window to use a 7520 rate of 1.4%. I fund the Clat with $1,000,000. The term is 50 years. During the first 49 years the CLAT pays $1,000 per year to Worthy Charity at the end of the year. In year 50 the Clat pays $2,000,000 to Worthy Charity and pays whatever amount remains to my children. My children are the trustees.