Who: Someone who intends to give significantly over multiple years and has a significant percentage of their assets in IRA or 401(k) account types.
Why: It allows the movement of more dollars from taxable to non-taxable account types for the benefit of heirs, while claiming a tax deduction for the charitable contributions.
How: Contribute into a Donor Advised Fund account in the year of a Roth conversion
Set your intentions. Build a plan. Leave a legacy.