Structuring a Charitable Bequest of IRD Assets

Structuring a Charitable Bequest of IRD Assets

Maximize the impact of your client’s gift

Decedents’ estates contain an increasing amount of income in respect of a decedent (IRD) assets (principally in the form of individual retirement accounts and other retirement plan assets). These assets trigger taxable income to the beneficiaries when they receive a payment. If an individual with a sizeable amount of IRD assets intends to make a charitable bequest, estate planners recognize that those assets can be the most attractive property with which to fund the charitable bequest.

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish