Inherited IRA/Trust
Trust is the beneficiary and owner of an IRA and other assets of the decedent.
Trust document states a certain amount of money is distributed to the decedent’s son. There are other named beneficiaries of the trust, however, assets are only distributed to the other beneficiaries upon the death of the son.
Looking to for confirmation that RMD’s from the IRA are based upon the age of the oldest trust beneficiary and not the son’s age.
Thank you
Submitted by David Berdow on Thu, 2018-06-07 17:50