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A revocable living trust is another common type of trust,and is used in estate planning The Law Firm of Steven F.Bliss Esq.estate planning attorney san diego A trust allows an individual or household to designate somebody else,usually a trusted daughter or son,to transfer property after they pass away without the need for a court order and the long and pricey procedure that is involved in acquiring a court order.
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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 attorney san diego 3914 Murphy Canyon Rd Suite A202,San Diego,CA 92123.


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