Charitable Remainder Unitrust (CRUT): Flip-CRUT and Flip-NIMCRUT Unitrust Payment Options for Term of Concurrent and Consecutive Interests (California)

This legal template pertains to a specific type of trust known as a Charitable Remainder Unitrust (CRUT) in the context of California law in the United States. The template specifically focuses on two variations of this trust, namely the Flip-CRUT and Flip-NIMCRUT. The document outlines the unitrust payment options available for both concurrent and consecutive interests throughout the term of the trust. The purpose of this legal template is to provide a standardized framework and guidelines for individuals or organizations looking to establish a charitable remainder trust while abiding by the legal requirements and regulations set forth in the state of California and within the scope of United States law.