Qualified Charitable Distribution (QCD) – Community Property state
In a community property state, a married spouse has to sign a form acknowledging that the IRA holder wants to have different beneficiaries other than the spouse.
Suppose the spouse is the sole beneficiary of the IRA, but the owner of the IRA wants to take advantage of the QCD in 2013 for his favorite non-profit. Does the spouse have to acknowledge in writing this distribution as well?
Permalink Submitted by Alan - IRA critic on Tue, 2013-04-09 17:28
No. More geneally speaking, the spouse is protected with respect to where the death benefits go, but is not protected against any form of excessive disrtibutions by the IRA owner. Considering the possibilities for excessive distributions, a QCD would probably rank fairly low on that list.