We have a client that passed away 12/2014 at the age of 83(he has satisfied his 2014 RMD) and has 6 beneficiaries on his IRA and only 1 beneficiary (our client, age 58) so far has transferred her portion (16%)into a Beneficiary IRA, we received her portion 2/2015. The 2014 year end value was 143,865.27, I am assuming we can calculate the beneficiary RMD for 2015 by taking 16% of this value and using this figure for the beneficiaries year end value?