FundSvcs Community

A donor made a bequest commitment of $100,000 a decade ago, and has recently passed away. His surviving spouse has indicated that he plans to satisfy his deceased spouse's commitment in $25,000 installments over four years (via QCDs from his IRA). What is the best practice here - should we apply these gifts as payments toward the decedent's planned gift expectancy (with recognition/soft credit to the surviving spouse), or should they be recorded as outright gifts?

A donor made a bequest commitment of $100,000 a decade ago, and has recently passed away. His surviving spouse has indicated that he plans to satisfy his deceased spouse's commitment in $25,000 installments over four years (via QCDs from his IRA). What is the best practice here - should we apply these gifts as payments toward the decedent's planned gift expectancy (with recognition/soft credit to the surviving spouse), or should they be recorded as outright gifts?

A donor made a bequest commitment of $100,000 a decade ago, and has recently passed away. His surviving spouse has indicated that he plans to satisfy his deceased spouse's commitment in $25,000 installments over four years (via QCDs from his IRA). What is the best practice here - should we apply these gifts as payments toward the decedent's planned gift expectancy (with recognition/soft credit to the surviving spouse), or should they be recorded as outright gifts?