IRonMaN
Level 15

What does the trust agreement say about distributions?  If the nonprofits were setup to be the ultimate beneficiaries, I assume the money was going to make a brief stop in the trust and then turned over to the beneficiaries to continue to pursue their mission purpose.

As a side note, you have to be an individual to own an IRA so I don't think the nonprofits are going to have much luck creating their own IRAs.


Slava Ukraini!

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