Comments on: How to fix underwater charitable trusts Fri, 05 Dec 2014 11:27:18 +0000 hourly 1 By: ARJTurgot2 Wed, 26 Jan 2011 14:12:14 +0000 I’m sorry, I’m not buying this:

“people set them up with the idea that a 10 percent or 11 percent return was not difficult, so payout ratios may have been set at 8 percent,”

the only people acting on those assumptions had no intention of leaving any equity in those trusts. This was a tax scam, pure and simple.