Trust as Bene
It’s my understanding that when a pass-through living trust is the beneficiary of an IRA, the bene’s (all individuals) must use the oldest bene’s life expectancy for RMD’s.
Is there any way for the bene’s to inherit the IRA in trust and use their individual life expectancy?
Thank you in advance.
Permalink Submitted by Bruce Steiner on Thu, 2008-05-29 00:09
Yes. See my article on this in the March 2004 issue of the BNA Tax Management Estates, Gifts & Trusts Journal: http://www.kkwc.com/docs/AR20041209132954.pdf