Estate Planning

Qualified Retirement Plan Benefits

These are excellent choices for funding a charitable gift through a decedent’s estate. In general, such a gift produces double savings; the value of the interest passing to the charity is fully tax deductible for estate-tax purposes, and the charity, being tax exempt, pays no income tax on the benefit. A gift of an Individual Retirement Account (IRA) produces similar savings.

Charitable gifts such as Retirement Assets will help CNPS lead the way in preserving scenes like this one. photo credit: Stacey Flowerdew