By Tag · Charitable lead trust
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Historically low interest rates offer unique opportunities for charitable giving April 27, 2020
![Historically low interest rates offer unique opportunities for charitable giving]()
The unexpected onslaught of COVID-19 has produced many responses – including the Federal Reserve reducing interest rates to historic lows. One key interest rate — known as the IRS discount rate (or Internal Revenue Code section “7520 rate”) — directly affects the deduction value of certain types of charitable gifts. Continue Reading ➜
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Is a charitable trust right for me? Part 2: non-grantor charitable lead trusts April 23, 2020
![Is a charitable trust right for me? Part 2: non-grantor charitable lead trusts]()
Charitable trusts can be a great way to support the causes you’re most passionate about while achieving your own financial goals. This is the second article in a three-part series addressing types of charitable trusts, including charitable remainder unitrusts, non-grantor charitable lead trusts, and flip charitable remainder unitrusts. Continue Reading ➜
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Our Giving Story: Ron and Liane Nicol August 21, 2014
![Our Giving Story: Ron and Liane Nicol]()
Ron Nicol M.B.A. ’86 knows the value of a financial helping hand. Having grown up in a family of modest means, he paid for his undergraduate degree at the U.S. Naval Academy with a promise of five years of active duty. (He actually served seven.) Later, as a young father working in Lynchburg, Virginia, he commuted to Duke every weekend to earn his business degree—paid for by the G.I. Bill with a supplement from his employer. He credits his Duke education with helping him succeed at the Boston Consulting Group, where he is currently a senior partner and managing director. Continue Reading ➜
