Direct IRA to Charity upon death of owner

Submitted by Robert Freeman on Tue, 2013-12-17 21:59

Have a divorced client with an IRA that listed his living trust as beneficiary. His living trust specified that upon his death he wanted to give money to charity. Can the successor trustee/executor direct funds from the IRA to this charity, and if so, how would that be done so that IRD did not come back into the estate, but was attributed to the charity, in which case it would not be taxable? the amount to go to charity is over $100,000.



Submitted by Alan - IRA critic on Tue, 2013-12-17 23:37

  • I don’t see why this article would not apply here. The trustee of the trust could have the inherited IRA partitioned so that the charity’s share is transferred to the charity, who would then take a lump sum distribution of the IRD tax free.
  • http://www.ataxplan.com/bulletinBoard/ira_providers.cfm


Submitted by Bruce Steiner on Thu, 2013-12-19 20:44

He could name the charity as a beneficiary of his IRA.



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