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#1
02-24-2009, 05:46 PM
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 Re: IRA accounts and living trusts Gil Faver wrote: - quote - > should IRA accounts be held in the name of "Joe Dokes, Trustee of the Joe
I am working with a Trust Attorney right now to help a client.> Dokes Living Trust"? The non-IRA assets are getting put into the living trust now. The IRAs have the trust listed as beneficiary. Upon death, it's treated as a beneficiary IRA with the withdrawal requirements (RMDs) same as if not within the trust, but larger withdrawal can be made based on the terms of the trust. Joe www.blog.joetaxpayer.com |
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02-24-2009, 04:25 PM
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| Re: IRA accounts and living trusts On Feb 24, 8:17*am, "Gil Faver" <rowdy'sb...[at]xxyz.com> wrote: - quote - > should IRA accounts be held in the name of "Joe Dokes, *Trustee of the Joe
I am not an expert but IRA accounts belong to an individual (thus> Dokes Living Trust"? Individual Retirement Account), and cannot belong to a trust. |
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#-1
02-24-2009, 03:17 PM
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| IRA accounts and living trusts should IRA accounts be held in the name of "Joe Dokes, Trustee of the Joe Dokes Living Trust"? |
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