The Legacy IRA Act: The Devil Lurks in The Details
The Protecting Americans from Tax Hikes Act of 2015 (PATH) represented the successful culmination of efforts to make permanent the provision that allows individuals over age 70½ to make tax-free distributions to qualified charities from a traditional or Roth individual retirement account in amounts up to $100,000 per year.
The Legacy IRA Act (H.R. 5171) represents an attempt to extend the benefit of the charitable rollover to split-interest charitable income gifts, such as charitable remainder trusts (CRTs) and charitable gift annuities (CGAs).
Woehrle, Christopher P., "The Legacy IRA Act: The Devil Lurks in The Details" (2016). Faculty Publications. 559.