<<  Back to Ways to give Email This      Printable Version   Charitable Lead Trusts Popular Again Wealth Manager - An old philanthropic planning technique is ready to explode in popularity. Parents have long used charitable lead trusts to make tax-free gifts to their children while using philanthropy as a way to prepare them for wealth. But as life expectancies rise and people become wealthier sooner, this obscure trust is enjoying a renaissance among young millionaires. Most people know that the Internal Revenue Service provides an income-tax deduction for charitable donations. However, astute philanthropic planning can help minimize or avoid gift and estate taxes, and allow parents to pass assets on to their children during life in a tax-efficient way. more...