Charitable Lead Trust – A Tool That Would Benefit From Low Interest Rates

Interest rates are at an all time low. This is good news for charitable donors who are hoping to give assets to their beneficiaries without having to worry about federal estate or generation transfer taxes. Recently, the IRS released a 1.2% interest rate for June. As a result, charitable lead trusts are effecient to give more money to future generations free from transfer tax. People interested in using a charitable lead trust should speak to an advisor and act quickly for the low interest rate benefit.

See Kim Civins, Interest Rates Indicate A Great Time For Charitable Lead Trusts, Bryan Cave Charity Law, May 21, 2013.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.