Why is a trust used as the beneficiary?
I need to know the positive and negative side of setting up a trust as the beneficiary. why would an IRA acct holder choose a trust as the beneficiary versus individual beneficiaries? I need an answer
I need to know the positive and negative side of setting up a trust as the beneficiary. why would an IRA acct holder choose a trust as the beneficiary versus individual beneficiaries? I need an answer
Permalink Submitted by Alan Spross on Sat, 2008-08-23 01:55
See this former thread:
http://www.irahelp.com/phpBB/viewtopic.php?area=&t=1916
Permalink Submitted by Al Fry on Mon, 2008-08-25 00:06
Unfortunately, I think manytimes they are mislead. On the other hand, if they have spendthrift benes a trust can control distributions.