In this edition, learn about charitable planning in the pre and post-retirement years, QCD’s as a charitable giving tool and upcoming events.

In this edition of Professional Advisor Chats, I sit down with Caleb Tilstra of Bankers Trust, to discuss retirement planning and its intersection with charitable giving. In alignment with Bankers Trust’s mission to “grow, preserve and transfer wealth for clients”, this conversation discusses how charitable giving can accompany clients’ retirement plans.

For many retirees, Required Minimum Distributions (RMDs) create taxable income they don’t need. A Qualified Charitable Distribution (QCD) offers a simple way to satisfy an RMD while reducing adjusted gross income (AGI) and supporting charitable priorities.  

Partnering with the Community Foundation of Greater Des Moines allows your clients to direct a single QCD to support multiple local causes through a strategic, tax-wise solution.  

If you understand the basics of Qualified Charitable Distributions (QCDs) but aren’t always sure how to guide the client conversation, you’re not alone. Whether you’re an attorney, CPA or financial advisor, consider this scenario.

For a quick reference on QCDs for you or your clients, download the information sheet below. 

Bipartisan legislation has been introduced in Congress that would create options for giving from QCDs to DAFs. The IRA Charitable Rollover Facilitation and Enhancement Act would modernize the tax code to allow QCDs from IRAs to be directed into donor advised funds. We will keep a close eye on this legislation and keep you up-to-date on options for your clients.  

Wednesday, July 29 | 9 - 10:30 a.m. | Free
Zoom or C3 Center | 1910 Ingersoll Ave, Des Moines

Join us for a practical look at today’s mergers and acquisitions (M&A) market. Guided by Tom Cavanagh with BCC Advisers, this session will offer clear context and actionable questions to help guide business-owner clients through readiness, transition planning and potential liquidity events.

You’ll gain insight into how strategic and private equity buyers evaluate privately held companies, along with factors that most often influence value, deal structure and timing. We’ll also explore common blind spots that can leave even strong businesses underprepared.

As clients consider the sale of a business, charitable planning can play a meaningful role in achieving both financial and philanthropic goals. The Community Foundation is a resource to help advisors structure giving strategies that maximize impact for their clients and the community during times of transition.

Senior Director of Gift Planning and Advisor Relations
Send an email | (515) 447-4211

PROFESSIONAL ADVISORS   |   CONTACT US   |   UPCOMING EVENTS