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I don't believe there are people interested to fix it.


Why not? Are you referring only to the donors? It seems like the article quoted some people who’d prefer at least a slightly different outcome: the charities would rather have liquid donations than assets on paper they can’t touch, right? I can imagine several other groups who might also prefer various fixes.


I believe if you gave people the resources and support to fix it, it could happen - however then the counter-weight of people hoarding their money would be felt; it could only take a single seriously bad actor with extra funds to squash serious efforts.


There must be some people interested, charitable remainder trusts had their strings brought in quite a bit at some point, and the old rules made for a pretty amazing tax avoidance tool.




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