harllee
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
DH turned 70.5 last month. We have fairly large traditional IRAs and many charitable interests. We had not been able to do as many charitable gifts as we would have liked because most of our assets are tied up in IRAs. Under the IRA rules, once DH turned 70.5 we have been able to do Qualified Charitable Distributions from DH's IRA (up to an annual max of $100,000.) We have been meeting with some charities and discussing how the gifts can be used. We are really enjoying this. DH's IRA is at Vanguard and we have found it very easy to set up the QCDs. There is an online form for this, the check made payable to the charity is sent to us and we then mail the check on to the charity with a letter. We are so grateful that our financial situation allows us to do this for charities were are interested in.