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Message 2263: Re: Trust as IRA beneficiary




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   Posted by Mary Kay Foss on 07/13/05

Subject:   Re: Trust as IRA beneficiary


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In Reply to: Trust as IRA beneficiary posted by Tobyann Mandel on 07/13/05:

I am not aware of any custodian that will do what you suggest. Changing the title from the trust to his name will make it entirely taxable.

Some people have asked for rulings that allow the trust to terminate and distribute the IRA to the beneficiary; that would not constitute a distribution of the entire balance. Rulings are requested because the existing regulations don't allow a post-death change of beneficiary.



  

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