IRA beneficary is trust at Northern Trust

I have a client who is the beneficiary of her dad’s IRA at Northern Trust. The complication is that a trust created by Northern trust is the true beneficiary. Is it possible to split the IRA to each of the beneficiaries as inherited IRA’s and use the oldest birthdate for distributions or does the account have to stay together in trust and then distributions are split 50/50 every year.



Depending on the terms of the trust, it should be possible to divide it into separate trusts for each beneficiary. The lawyer handling the estate (or you, if you’re a lawyer) should be able to review the trust and determine if this is possible.



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