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That's why the charitable lead trust has gotten so much play".
A feature of it that is coming back into vogue is the charitable lead trust.
"A charitable lead trust is very dependent on the starting interest rate," Mr. Singer said.
Mr. Hartz calculated that if you put $2 million into a 20-year charitable lead trust assuming the 2.2 percent I.R.S. return rate, it would have to pay out about $125,000 a year to be worth zero at the end.
Repeal of the estate tax could help a certain type of trust shine the charitable lead trust.
charitable gift planner, recently helped a doctor set up a charitable lead trust holding $1.5 million in stock.
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In the case of charitable lead trusts, record low interest rates are driving the trend further.
In this weekend's Wealth Matters column, Paul Sullivan offers a primer on charitable lead trusts.
Most charitable lead trusts are set up to give away the entire amount of money put into them.
Charitable lead trusts are one way to maximize new gift-tax exemptions while making significant charitable gifts, Mr. Sharpe said.
But the resurgent interest in charitable lead trusts is as much for financial advantage as for altruism.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com