The IRS has announced the interest rates applicable to various planning techniques, and they have fallen again, this time to 2.4% for transactions in September. We wrote last month that the falling IRS rates made GRATs and intra-family loans more attractive, and the same is true of charitable lead annuity trusts (CLATs). The further lowering of rates means that these types of planning can be even more effective. And while it’s disheartening to see stock market values continue to fall, those lower values also make gift planning more effective.