Planned Charitable Giving Continues During Federal Estate Tax Hiatus
Early reports indicate that the federal estate tax hiatus has not caused a dramatic decrease in planned charitable giving and that any decline is part of a larger, decade-long decline. Philanthropic giving continues for a number of reasons, including the likelihood that the estate tax will return next year and the fact that people give to charity for reasons other than tax savings.
See Scott Martin, Experts Say Charitable Trusts “Not Dead” This Year, The Trust Advisor Blog, Feb. 26, 2010.
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