“Younger philanthropists, particularly out of Silicon Valley… are actually doing what Steve Kirsch recommended they do back in the late 90s…giving while living,” says Sangster.
“It’s going to be interesting to see how things change with the very wealthy people who are amassing fortunes at an early age,” says Lehn. “We’re doing planning now for some of these who are so young…when we talk about these trusts that will go on for several generations…they’re not even thinking about that right now.”
“Silicon Valley entrepreneurs haven’t even considered these things,” says Sangster. “The children, if they have them yet, are too young. It’ll be interesting to see how that evolves.”