In July, I blogged about the low interest rate environment and how that results in a great opportunity for a donor with charitable objectives who also wishes to pass assets to the next generation free of federal estate or generation-skipping transfer tax. To read that posting about Charitable Lead Trusts, click here. Well, September rates ticked downward, and, in the last few days, the IRS announced the rates available for October transfers to such trusts as ticking down even more. Therefore, what I said before goes double now. (Well, not technically double, but meaning much more.) These lower rates mean that it’s even easier for these trusts to be productive to pass even more cash to lower generations free of transfer tax. So, if you think that the trust’s investment strategy could beat the IRS-decreed rate for October of 2.0%, while also benefiting charity, October is the time.