{"id":250,"date":"2011-07-22T18:57:11","date_gmt":"2011-07-22T22:57:11","guid":{"rendered":"http:\/\/stateimpact.npr.org\/new-hampshire\/?p=250"},"modified":"2011-09-21T17:53:14","modified_gmt":"2011-09-21T21:53:14","slug":"jackie-os-contribution-to-the-latest-trust-fund-trend","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/new-hampshire\/2011\/07\/22\/jackie-os-contribution-to-the-latest-trust-fund-trend\/","title":{"rendered":"Jackie O&#8217;s Contribution To The Latest Trust Trend"},"content":{"rendered":"<p>In<a title=\"A Trust Surges, Heirs and Taxes in Mind, but Mind the Details\" href=\"http:\/\/www.nytimes.com\/2011\/07\/23\/your-money\/estate-planning\/charitable-lead-trusts-draw-renewed-interest.html?pagewanted=1&amp;_r=1&amp;ref=business\" target=\"_blank\"> this piece<\/a> <em>The New York Times&#8217;<\/em> Paul Sullivan traces a new trend among the ultra-wealthy: The charitable lead trust.\u00a0 Just like her fashion choices, Jackie O&#8217;s Last Will and Testament is an iconic example.\u00a0 At least among estate lawyers and other people in the business of distributing the wealth of the ultra-rich deceased.\u00a0 Here&#8217;s how it worked:<\/p>\n<div id=\"attachment_251\"  class=\"wp-caption module image right\" style=\"max-width: 300px;\"><a href=\"http:\/\/stateimpact.npr.org\/new-hampshire\/2011\/07\/22\/jackie-os-contribution-to-the-latest-trust-fund-trend\/444906451_edc33bc44b\/\" rel=\"attachment wp-att-251\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-251\" title=\"Gucci\" src=\"http:\/\/stateimpact.npr.org\/new-hampshire\/files\/2011\/07\/444906451_edc33bc44b-300x272.jpg\" alt=\"\" width=\"300\" height=\"272\" srcset=\"https:\/\/stateimpact.npr.org\/new-hampshire\/files\/2011\/07\/444906451_edc33bc44b-300x272.jpg 300w, https:\/\/stateimpact.npr.org\/new-hampshire\/files\/2011\/07\/444906451_edc33bc44b-220x199.jpg 220w, https:\/\/stateimpact.npr.org\/new-hampshire\/files\/2011\/07\/444906451_edc33bc44b.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p class=\"wp-media-credit\">newpn2000 \/ Flickr<\/p><p class=\"wp-caption-text\"> Jacqueline Kennedy Onassis is much better known for her taste in sunglasses than for her far-sighted will.<\/p><\/div>\n<blockquote><p>&#8220;After parceling out specific gifts, Mrs. Onassis put the rest of her estate into one of these trusts. It was set up to last 24 years, distributing money to charity annually. Whatever is left in 2018 goes to her heirs, in this case her grandchildren.&#8221;<\/p><\/blockquote>\n<p>And just like Jackie&#8217;s\u00a0giant black sunglasses, the charitable lead trust is back en vogue.\u00a0\u00a0Sullivan reports\u00a0that&#8217;s mainly thanks to the continuation of some\u00a0Bush-era estate tax exemptions and super-low interest rates.<\/p>\n<p>Given New Hampshire&#8217;s tendency to favor private charities over a large government-funded social safety net, could this new trust trend spread northward?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this piece The New York Times&#8217; Paul Sullivan traces a new trend among the ultra-wealthy: The charitable lead trust.\u00a0 Just like her fashion choices, Jackie O&#8217;s Last Will and Testament is an iconic example.\u00a0 At least among estate lawyers and other people in the business of distributing the wealth of the ultra-rich deceased.\u00a0 Here&#8217;s [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[517],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/250"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/comments?post=250"}],"version-history":[{"count":15,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/250\/revisions"}],"predecessor-version":[{"id":2125,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/250\/revisions\/2125"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/media?parent=250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/categories?post=250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/tags?post=250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}