[ Planning to benefit your family throughyour IRA[ Depending upon a now obsolete stretchIRA plan[ Interested in saving taxes[ Charitably minded

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OTHER CONSIDERATIONS[ The heirs whom you want to be theincome beneficiaries must be specificallynamed in the trust and alive when thetrust is created.

[ If a named heir is under 30 years ofage, a calculation needs to be run todetermine if the trust will qualify to makelifetime payments. If not, you can use aterm of 20 years, which is twice theperiod allowed under the SECURE Act.

[ The tax law requires a minimum trustpayout rate of 5%.

[ The trust must be named as beneficiaryof your IRA; if you name your estate asthe beneficiary, the IRA will be taxed,thus negating your planning.

[ Exceptions to the SECURE Act 10-yearrule include a surviving spouse andchildren under the age of 18.

IS THIS STRATEGY RIGHT FOR YOU?If you are...

...then a testamentary charitable remainderunitrust is a worthwhile option to consider!

HOW CAN WE HELP?

Archdiocese of Kansas City in Kansas12615 Parallel ParkwayKansas City, KS 66109

913-647-0325lknop@archkck.org

test2606.giftlegacy.com

THE

TESTAMENTARY CHARITABLEREMAINDER UNITRUST

A Solution to the

SECURE ACT and

BENEFICIARYINHERITANCE PLANNING

WHAT IS THE SECURE ACT?The SECURE Act addresses distributions from retirementaccounts. The law provides that beneficiaries of retirementaccounts must withdraw an inherited IRA within 10 years.With few exceptions, the Act effectively eliminates stretchIRA plans. As a result, the taxable distributions to most IRAbeneficiaries will be larger, and the taxes they pay will behigher.

WHAT IS A TESTAMENTARY CHARITABLEREMAINDER UNITRUST?

A testamentary charitable remainder unitrust is a tax-exempt trust designed to make incomepayments to your heirs over their lifetimes or for a term of up to 20 years. At the end of the trust,the remaining principal is distributed to support a charity like ours. The trust is sometimes called

a "give it twice" trust because it enables you to give the gift of income to your heirs and leave apotentially comparable gift to support our cause.

HOW DOES THE TRUST WORK?You can create an unfunded or minimally funded charitable remainder unitrust today or directthat one be created and funded with your IRA when you pass away. You have the ability todesignate the trust beneficiaries, payout rate and term (lifetime or up to 20 years). Make sure toupdate your IRA beneficiary designation to designate the trust as the beneficiary of your IRA.Upon your passing, the trust will receive the IRA distribution and then begin to make paymentsto your heirs.

BENEFITS OF ATESTAMENTARY CHARITABLEREMAINDER UNITRUST

[ Replaces your obsolete stretch IRAplan

[ Spreads out the income paymentsover the lifetime of your heirs; it's notlimited to 10 years

[ Provides income tax savings to theheirs

[ Allows tax-free growth inside thetrust

[ Protects heirs

[ Results in no taxes being paid on theIRA when it is distributed to the trust

[ Protects the IRA's principal fromcreditors

[ Is changeable and revocable duringyour lifetime

[ Generates a charitable estate taxdeduction

[ Leaves significant charitable gifts tosupport our cause

ARE YOU INTENDING TO LEAVE YOUR IRATO YOUR CHILDREN AND OTHER HEIRS?

Were you planning to utilize a "stretch IRA plan?" Did you know the SECURE Act has dramatically changed thetax law rules, substantially increasing the income taxes paid by your children on inherited IRAs? Need asolution?The Testamentary Charitable Remainder Unitrust is an excellent plan to replace your old stretch IRA plan.