charitable lead trust

An irrevocable trust that is made in favor of a charity and that allows the charity to receive income from the trust property for a specified period, after which the property reverts to the settlor’s estate.

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词条贡献者

译者Terence，毕业于国内顶尖法学院，擅长翻译各种与复杂结构性融资相关的法律文件。