Comments on: How to fix underwater charitable trusts http://blogs.reuters.com/reuters-wealth/2011/01/18/how-to-fix-underwater-charitable-trusts/ Fri, 05 Dec 2014 11:27:18 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: ARJTurgot2 http://blogs.reuters.com/reuters-wealth/2011/01/18/how-to-fix-underwater-charitable-trusts/comment-page-1/#comment-2492 Wed, 26 Jan 2011 14:12:14 +0000 http://blogs.reuters.com/prism-money/?p=5825#comment-2492 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.

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