The one-page notice, typically mailed every December, converts contributions to irrevocable trusts into "present-interest gifts" by granting beneficiaries a temporary withdrawal right. This allows donors to utilize the annual gift-tax exclusion, set at $19,000 per beneficiary for 2026, avoiding taxation and preserving the $15,000,000 lifetime estate exemption. Missing the December deadline means the exclusion for that year is permanently forfeited.