In 2015, the Protecting Americans from Tax Hikes Act made permanent a special opportunity for individuals who want to give back to support charitable organizations and causes. It allows people ages 70 1/2 and older to transfer IRA assets directly to the Starved Rock Country Foundation or other public charities without incurring income taxes today or estate taxes in the future.
It’s the opportunity of a lifetime to give the gift of a lifetime, which can be used to support your favorite charity or strengthen a cause close to your heart. The SRCCF and your estate or tax advisor can help you plan a charitable solution to meet your goals.
Give us a call today at 815-252-2906 to learn more.