Rises in Tax Exemption Limits Cause Charitable Lead Trusts to Surge in Popularity
After being considered an esoteric form of investment for several years, the charitable lead trust is coming back into fashion as much for its financial advantages as for its altruistic benefits.Charitable Lead Trusts have for years been considered a key means of giving money to charity with the possibility of leaving the remainder for relatives to inherit without paying estate taxes. They have been an unpopular option in the past simply for the fact that they are, in essence, not simple; their inherent complexity has turned many people toward other alternatives.