At death, however, the IRA can be safely moved to a charitable trust without income tax. Determining whether a direct contribution of IRA principal to charity or the use of a testamentary charitable trust fits your situation requires careful study. You should talk to a qualified adviser to determine how your own plan may be affected by estate tax and income tax. If you want to consider the use of a testamentary charitable trust, FST will provide you with tax and income calculations tailored to your particular situation. This will help you and your advisors determine whether a charitable trust meets your financial and philanthropic objectives.
All information is provided confidentially and without cost or obligation.