Jean Gordon Carter, Michele McKinnon, and Bradley Ridlehoover, of McGuireWoods LLP, have made available for download their article, Charitable Lead Annuity Trusts: Planning Opportunities in Today’s Low-Interest-Rate Environment, published in JDSUPRA. The abstract is as follows:
As the pandemic continues to hinder nonprofits’ ability to fundraise effectively and connect with supportive donors, a charitable lead annuity trust can be a vehicle to provide immediate and ongoing funding to charities, as well as estate or gift tax benefits to donors. This opportunity arises as a result of the historically low rates used to value the interests in these split-interest trusts.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.
