Clifford Trusts permit when the trust expires, grantors to transfer assets that generate income to the trust after which retrieve them. These trusts cannot for a period of less than ten years plus one day. Clifford Trusts were popular as a lawful and effective way of preventing tax expenses that were substantial; his assets would be shifted by the grantor into a trust which may then be claimed with a receiver who be subject to some marginal tax rate that was reduced.