
Speaker Series Webinar – Charities and Retirement Plans: Friends or Foes?
Charities can appear in a variety of places in living trusts, such as recipients of pre-residuary bequests, takers of a portion of a residuary bequest, permissible appointees of powers of appointment, or as “atom bomb clause” beneficiaries. They can also be named as remainder beneficiaries of conduit trusts, “age 31” trusts, special needs trusts, standard accumulation trusts, and testamentary charitable remainder trusts. This presentation will explore whether charities found in each of those places would be beneficial (a “friend”) or detrimental (a “foe”) to the tax advantages enjoyed by IRAs and other retirement plans.