Impact Stories

Professional Advisors

For Your Clients: Taking Advantage of Qualified Charitable Distributions (QCDs)

November 16, 2021

by James Philip Head, Attorney and Shareholder, Williams Mullen, Tysons, VA

When you are developing a charitable giving plan for your clients, field-of-interest funds and designated funds may not always be top of mind, but they are extremely valuable tools in certain circumstances, especially as recipients of Qualified Charitable Distributions (QCDs), which are otherwise taxable distributions from an IRA (other than an ongoing SEP or SIMPLE IRA) owned by an individual who is age 70½ or over that are paid directly from the IRA to a qualified charity.

3 Year-End Charitable Tools for Professional Advisors

November 18, 2019

And just like that, the end of 2019 is upon us. As a professional advisor, you play a vital role in the lives of your clients and their families. But we understand there are a myriad of challenges that arise with your clients’ financial planning during this time of year -- and executing their charitable giving desires is no exception. It would be our privilege to support your efforts to maximize the philanthropic opportunities for you and your clients in the midst of these challenges.