Congress has made moves to retroactively extend the IRA charitable rollover for 2010. The rollover would allow IRA owners age 70 1/2 and older to make tax-free charitable gifts of up to $100,000. The IRA charitable gift could satisfy your annual minimum required distribution. A great resource for more information on gifting to an educational institution is Gift Planning Services. You can learn some of the advantages of giving retirement plan assets. If you have any other estate or gifting-related questions, please do not hesitate to call us.
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