Retirement Assets

Retirement plan assets at death, unless payable to a spouse or charity, may be subject to estate tax. The distributions of the assets from such plans to individuals are also subject to federal income tax. You may wish to consider Husson as a complete or partial beneficiary of your plan to limit this potential double taxation. Usually, this is a simple matter of requesting a form from your human resources department and indicating a percentage to be distributed to Husson at your passing.

For more information, contact our Director of Planned Giving.