Our museum is the beneficiary of a trust that has IRAs. They are wanting to know if we will accept inherited IRAs. The idea is that if the trust removed the money from the IRAs they would have to pay taxes. If we do as a 501c3 we wouldn’t. Has anyone had this situation come up. I have asked a tax adviser and he is busy till the 17th.

 

Bradley Martin

Sagely & Edwards Realtors

3101 Rogers Avenue

Fort Smith, Arkansas 72903

www.bradleymartin.com

Cell 479-650-5456

Fax 479-782-9289

Fort Smith Trolley Museum

www.fstm.org

 



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