IRA Trust Beneficiary

A now deceased individual (71+) named her Revocable Trust as beneficiary of her SEP IRA. The Revocable Trust stipulated that a small percentage of the account balance go to 2 Charities in addition to her 3 adult children. In that the Charities are “unidentifiable beneficiaries” does their inclusion cause the Trust to fail to qualify as a designated beneficiary and leave the beneficiaries with 2 choices: Immediate distribution or distributions paid over the remaining life expectancy of the IRA owner?



In addition to the above, please note that the Charitable Beneficiaries have a limited interest (2%) in the assets of the trust payment of which can be satisified thru other non-IRA assets. Once paid, the remaining assets (IRA) are payable to identifiable beneficiaries. Would this then change the outcome of distribution opportunities?



If the Charities are paid out immeditely, so they are no longer a bene, it may be possible. Perhaps one of the others with more experience in this regard will jump in. Al



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