Many families with medium-sized estates desire to benefit both family and charity. The “Give It Twice” Trust is an excellent way to do that. This version of the trust enables the family to take the estate and transfer it to a trust that pays income to charity for ten years. Each year, one-tenth of the principal is distributed to family. The advantage of this trust is that the income given to charity is free from income tax, while the principal given to family is also not subject to either income or estate tax. The charity progressively receives less and less income each year as the principal is distributed to family. In many families, the idea of distributing the principal over ten years is very attractive to parents.