Charitable Giving with 401K Distributions

Lucy grew up in a midwestern community, and after completing her Associate’s degree in secretarial science became the bookkeeper of a startup company. She never married or had children. Because Lucy had grown up in her Church it served to meet all of the family needs of her life. Although she didn’t earn the income of her peers, she was wise with her money and lived simply. Generosity was always a part of her long and fruitful life. As Lucy began to make her estate plan, she quickly determined that she would leave all of her earthly resources to the eternal causes supported by her Church.