Pub. date: 4/13/09, 8/9/16
Why, How, and When to Donate Retirement Benefits to Charity
(And to Which Type of Charity)
What’s in This Special Report?
This 61‑page Special Report is an expanded and updated version of Chapter 7 of Natalie Choate’s book Life and Death Planning for Retirement Benefits (Ataxplan Publications, 7th ed. 2011). This Special Report contains everything you need to know about how to give retirement benefits to charity, including:
- The three reasons to leave retirement plan death benefits to charity
- The seven different methods that can be used to leave benefits to charity, with the pros, cons and pitfalls of each, so you will know how to implement your client’s charitable wishes, whether by naming the charity directly as sole or partial beneficiary, leaving benefits to a trust to be paid to charity, etc.
- Minimum distribution issues that arise when retirement benefits are left to a trust that has both charitable and human beneficiaries, and how to resolve those issues (in the planning stage or in the post‑mortem stage).
- The special income tax rules that apply when retirement benefits are paid to charity through a trust or estate, including the five tests to determine whether a trust can get an income tax charitable deduction for distributing retirement benefits, and how to bypass problems by transferring benefits to the charity. No other publication provides such a clear authoritative and detailed explanation of the trust income tax rules when retirement benefits pass to charity through a trust or estate.
- How to accomplish charitable goals AND solve other estate planning problems at the same time by leaving retirement benefits to a charitable remainder trust.
- Which of the seven different types of charitable or semi‑charity entities (public charities, private foundations, donor‑advised funds, charitable remainder trusts, charitable gift annuities, charitable lead trusts, and pooled income funds) are—or are not—suitable to be named as beneficiary of a retirement plan.
- Full detail on “qualified charitable distributions” from IRAs, and discussion of other methods of lifetime charitable giving of retirement benefits
Who Needs This Special Report?
Do Buy This Special Report if:
You want to learn about the tax advantages and mechanisms for charitable gifts of retirement benefits for your clients and/or for your charitable organization’s donors and potential donors, but you don’t want to buy the entire book Life and Death Planning for Retirement Benefits; or
You already own Natalie Choate’s book Life and Death Planning for Retirement Benefits, but you want more detail about the tax advantages and mechanisms for charitable gifts of retirement benefits for your clients and/or for your charitable organization’s donors and potential donors, and/or you want to have Chapter 7 of the book in searchable .pdf format because you do so much work in this area.
Don’t Buy This Special Report if:
You have recently attended or are soon going to attend a Natalie Choate seminar where one of the topics is “Charitable Giving with Retirement Benefits,” because you got or will get this Special Report free as part of your seminar materials.
Preview “Charitable Giving with Retirement Benefits”
Download free sample pages (pdf)