Many of today’s retirees have amassed considerable wealth in their IRAs, more wealth, in fact, than they need for daily living or long term care.  And for those with substantial estates, much of their IRA wealth will go to estate taxes and income taxes of non-spousal beneficiaries, leaving some heirs with less than 50% of the IRA assets that are left to them. For these reasons, many of today’s IRA holders should consider using their IRAs as a current source of charitable gifting.