date:Sep 18, 2013
eral guarantee is that 100 percent of the assets, plus an assumed return approved by the IRS, will be distributed to charity, family spokesman Morgan said in a statement. He declined to answer detailed questions about the trusts.
Generation shift
Because assets are locked up for decades, such trusts are attractive only to the wealthiest families, said John Anzivino, a principal at Kaufman Rossin Co. in Miami.
You have to be someone whos willing to say, I dont need this extra money, Anzivino