In This Issue—Fall 2023

• Are You Fully Leveraging the Power of Your Will?
• Bequests Allow You to Make Gifts That Cost Nothing Now
• Flexible Trusts: Protect Your Business and Help Your Spouse
• New Opportunity: Create a Gift Annuity Using Your Qualified Charitable Distribution and Receive Lifetime Payments!
• Rollover! Good IRA

Rollover! Good IRA

Direct gifts to Woodberry from your IRA can:

1. Be an easy way to make a gift from one of your major assets. 
2. Be excluded from your gross income: a tax-free rollover. 
3. Count toward your required minimum distribution, which begins at 73. 

For your gift to qualify:

• You must be 70½ or older at the time of your gift. 
• The transfer must go directly from your IRA to us. 
• Your total rollovers for an outright gift in any year cannot exceed $100,000 but can be done year after year. 
• Your total rollovers for a life-income gift cannot exceed $50,000 and can only be done in one tax year.