Charitable Giving & Retirement Assets: Smart Moves for 2025

Session 1: Planning for Inherited Retirement Accounts in 2025

Recommended Audience: professional advisors, planned giving professionals

7:30 - 8:00 am: Check in, networking and breakfast
8:00 - 9:30 am: Session

In this session, Professor Chris Hoyt will examine the rules and planning implications for liquidating inherited retirement accounts in light of the final 2024 tax regulations and the SECURE 2.0 legislation. He will also discuss the special advantages available to a surviving spouse.

Whereas most inherited accounts must be liquidated (and taxed) in just ten years, the session will examine when naming a tax-exempt charitable remainder trust as a retirement account beneficiary can provide family members with a lifetime of income, plus a major charitable gift.

Session 2: Tax Smart Charitable Giving, Especially with Retirement Assets

Recommended Audience: Everyone

9:30 - 10:00 am: Check in, networking and breakfast
10:00 - 11:00 am: Session
11:00 - 11:30 am: Q&A and Meet Your Community Foundation Team

In this session, Professor Chris Hoyt will explain the charitable gift challenges caused by the 2017 Tax Cuts and Jobs Act and will provide tax-saving strategies for donors, including “bunching” gifts with donor advised funds and making qualified charitable distributions (QCDs) from IRAS.

He will also discuss how an IRA owner over age 70 1/2 can now receive a charitable gift annuity (CGA) with a tax-free distribution from an IRA.

The event will wrap up with a Q&A session and brief remarks from the Community Foundation's new President and CEO, Nicole Sherard-Freeman.

About Chris Hoyt

Christopher Hoyt is a Professor of Law at the University of Missouri (Kansas City) School of Law where he teaches courses in the area of federal income taxation, charitable organizations and retirement plans. He received an undergraduate degree in economics from Northwestern University and he received dual law and accounting degrees from the University of Wisconsin.

Professor Hoyt has served as the Vice-Chair of the RPTE Charitable Group of the American Bar Association and he serves on the editorial board of Trusts and Estates magazine. He is an Academic Fellow at the American College of Trust and Estate Counsel (“ACTEC”).

He was elected to the Estate Planning Hall of Fame by the National Association of Estate Planners & Councils. For the year 2024, Professor Christopher Hoyt was recognized by The Best Lawyers in America® as the Kansas City 2024 "Lawyer of the Year" award recipient in two different fields of law: Tax Law and Trusts and Estates Law.

Read Articles by Chris

What is the agenda for the day?

7:30 – 8:00 AM – Session 1: Check in, networking and breakfast

8:00 AM to 9:30 AM – Planning for Inherited Retirement Accounts in 2025

(Recommended Audience: professional advisors, planned giving professionals)
In this session, Professor Chris Hoyt will examine the rules and planning implications for liquidating inherited retirement accounts in light of the final 2024 tax regulations and the SECURE 2.0 legislation. He will also discuss the special advantages available to a surviving spouse. Whereas most inherited accounts must be liquidated (and taxed) in just ten years, the session will examine when naming a tax-exempt charitable remainder trust as a retirement account beneficiary can provide family members with a lifetime of income, plus a major charitable gift.

9:30 AM to 10:00 AM – Session 2: New arrivals check in, networking break, and breakfast

10:00 AM to 11:30 AM – Tax Smart Charitable Giving, Especially with Retirement Assets

(Audience: Everyone)
In this session, Professor Chris Hoyt will explain the charitable gift challenges caused by the 2017 Tax Cuts and Jobs Act and will provide tax-saving strategies for donors, including “bunching” gifts with donor advised funds and making qualified charitable distributions (QCDs) from IRAS.

He will also discuss how an IRA owner over age 70 1/2 can now receive a charitable gift annuity (CGA) with a tax-free distribution from an IRA.

The event will wrap up with a Q&A session and brief remarks from the Community Foundation's new President and CEO, Nicole Sherard-Freeman

Who should attend this event?

This event is designed for legal professionals, financial advisors, nonprofit partners, and donors interested in enhancing their knowledge of charitable giving and retirement planning.

Is there a deadline to RSVP?

Yes, please RSVP by April 17th to secure your spot, as seating is limited.