When faced with mandatory withdrawals from his Individual Retirement Account, Bill did not want or need them. Given the choice between paying taxes or supporting TU, Bill decided, "I choose TU!"
Making a Qualified Charitable Distribution (QCD) involves a simple request to your IRA administrator; if you have check writing privileges, simply write a check. A QCD counts toward your required mandatory distributions (RMD), with no income tax due on the gift.
In addition to making current gifts from his IRA, Bill has also named TU as a beneficiary of that IRA for a significant future gift. And to ensure that future gift will indeed take place, Bill's will provides for a minimum gift to Trout Unlimited in the event his IRA is depleted or exhausted during his lifetime. Vital coldwater resources across the country will benefit from Bill's thoughtful plans.
"I am delighted to continue contributing to TU's successes whenever possible during my lifetime, and then after I'm gone with whatever's left over."