Spring 2021
By Natalie B. Choate
When your client leaves their IRA to someone, they are bequeathing that person a giant bag full of taxable income. With a charitable remainder trust, your client can bypass the income tax system while providing a life income to their chosen human beneficiary and fulfilling their charitable intent.

Join the Professional Advisor Council of Akron Community Foundation on Thursday, May 20, for a virtual continuing education course featuring retirement planning expert Natalie Choate and guest speaker Matt Kadish. Learn about estate planning for retirement benefits, making retirement benefits payable to trusts, and possible tax and estate planning changes in Washington.

Three hours of continuing education credits will be available.
Many advisors believe it's important to bring up charitable giving in their client meetings, especially while updates to tax and estate plans are underway. Fortunately, addressing giving priorities with your clients doesn't need to be difficult. The key is to be interested, relevant and authentic.
Your client’s fund at Akron Community Foundation can be an ideal recipient of estate gifts through a will or trust, or through a beneficiary designation on a retirement plan or life insurance policy. Learn how including your client's fund in their estate plans can maximize the impact of their gift.
For many donors, a multigenerational family philanthropy plan is high on the radar, especially in the wake of 2020’s eye-opening events. How do you know when a client’s family is a strong candidate for more formal philanthropic planning? Watch for these signals among your client base.
In Other News...
Did You Know?
Your clients can use the required minimum distribution from their IRA to create a designated fund at Akron Community Foundation that will support all their favorite charities in perpetuity. Contact us to learn more.
Additional Resources

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Laura Fink Lederer
Senior Director of Development & Advisor Relations
330-436-5611
Akron Community Foundation 
345 West Cedar St., Akron, OH 44307
Office Hours: 9 a.m. to 5 p.m., Monday through Friday
www.akroncf.org