IRA chidlren as beneficiary for distributions of assets held in a conduit Trust death of owner occurred in 2023
I recently connected with my advisor at Fidelity where the various trust accounts are held. Given the various changes around RMD, they wanted me to check with you and reconfirm whether I qualify for 10 yr or 5 yr liquidation (assumption has been 10 yr). They also believe under the revised rules that we will need to take a RMD this year, which they wanted to discuss with you all to confirm and then calculate.
Submitted by Robert Hausman on Fri, 2024-02-02 15:17