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KRISTIN S. CAMP
Buckley_Kristin_-113re.jpg
PARTNER
West Chester, PA
p: 610.436.4400 Ext.1050
kcamp@buckleyllp.com

Kristin S. Camp has over twenty-five years of experience in municipal, zoning, land use, and real estate law. She and others in the firm’s Real Estate and Governmental Department represent municipalities, zoning hearing boards, planning commissions, municipal authorities, and private clients in all aspects of municipal, zoning, land use, and real estate law.

 

Kristin currently serves as solicitor for several municipalities in Chester County and has served as special counsel for Chester County on various real estate matters, notably the County’s regional trail system. In addition to municipal and land use law, she also represents private individuals and companies with business and transactional land use and real estate matters.  She has assisted private clients acquire and develop real estate and navigate the often complex, burdensome governmental permitting process.

 

Kristin is an active member of the Chester County Bar Association and Chester County Futures.

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In addition to her legal practice, Kristin is active with a variety of local nonprofit associations.  She teaches a variety of group fitness classes at ACAC Fitness and Wellness Center in West Chester and loves running, reading and vacationing at the Jersey shore.

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Kristin is married to Christopher Camp, a trust officer for a Wilmington based financial group, and has three daughters who attended school in the West Chester Area School District.

 

Areas of Practice


• Municipal
• Land Use
• Zoning
• Real Estate

 

Admissions


• Supreme Court of Pennsylvania
• U.S. District Court, Eastern District of Pennsylvania
• U.S. District Court, Western District of Pennsylvania
• U.S. Court of Appeals for the Third Circuit of the United States

 

Education


• University of Pittsburgh School of Law, J.D., cum laude, 1994
• Miami University of Ohio, B.A., magna cum laude, 1991

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Professional Achievements & Honors

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• 2023 Five-Star Attorney Suburban Life Magazine

When a trust inherits a retirement account, one drafting choice can determine whether withdrawals must reach the beneficiary or can remain protected in trust.

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A conduit trust requires distributions received from the retirement account to be paid promptly to, or for the benefit of, specified trust beneficiaries. An accumulation trust is a qualifying “see-through” trust that does not impose that pass-through requirement. These are federal retirement-distribution classifications, not two entirely different kinds of Pennsylvania trusts. Treas. Reg. § 1.401(a)(9)-4(f)(1)–(2).

 

Why the distinction matters

 

A conduit provision can simplify which trust beneficiaries count under the retirement-account rules, but it also means the trustee cannot retain account withdrawals for later use. An accumulation trust can preserve funds for a beneficiary who needs help managing money or protection from creditors. In exchange, remainder beneficiaries may count when determining the applicable payout rules; a poorly coordinated trust can produce an unexpectedly short distribution period. Treas. Reg. § 1.401(a)(9)-4(f)(3), (6).

 

Neither design automatically allows an IRA to remain intact for a beneficiary’s lifetime. For many non-spouse beneficiaries, the inherited account must be fully distributed by the end of the tenth year after death; annual withdrawals may also be required if the owner dies after the required beginning date. Special rules apply to surviving spouses, minor children of the owner, and certain disabled, chronically ill, or similarly aged beneficiaries. Treas. Reg. §§ 1.401(a)(9)-4(e), 1.401(a)(9)-5(d)–(e).

 

The question to ask: Is it more important to give the beneficiary access to each withdrawal, or to let a trustee retain and manage those withdrawals? Review the account designation, trust beneficiaries, distribution terms, and tax consequences together before naming a trust as beneficiary.

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