Charitable Remainder Unitrusts Offer Potentially Valuable Income Tax Deferral Strategies for Some Designated Beneficiaries

Private client partner Lisa Presser and associate Brian Balduzzi co-authored an article for The Legal Intelligencer on the changing distribution rules for contribution plan benefits under the Setting Every Community Up for Retirement Act of 2019 (the SECURE Act).

The authors discuss the impact of SECURE Act for designated beneficiaries of inherited plan benefits, charitable remainder trusts (CRT) and factors to consider with a CRT. They urge advisers to weigh goals of clients to determine if a CRT is the most advantageous option for them.

The full article is available to The Legal Intelligencer subscribers.