A feature of it that is coming back into vogue is the charitable lead trust. After parceling out specific gifts, Mrs. Onassis put the rest of her estate into one of these trusts. It was set up to last 24 years, distributing money to charity annually. Whatever is left in 2018 goes to her heirs, in this case her grandchildren.
via www.nytimes.com
Lower interest rates mean smaller mandated payouts to charities while allowing for possible higher investment returns for beneficiaries.
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