Presenter: Christopher R. Hoyt, Professor of Law, University of Missouri (Kansas City) School of Law
The SECURE Act provides that inherited retirement accounts must generally be fully liquidated (and taxed) within ten years after death. There is now increased interest in naming a tax-exempt charitable remainder trust as the beneficiary of a retirement account to receive and hold the full amount of retirement assets without any reduction from income taxes. Beneficiaries can receive a steady stream of payments over their lifetimes before the assets are transferred to a charity. This session will examine the strategy and will explain the rules.
