IRA at death…
Client just died 7/08… she has an IRA that she inherited from her huband who died last year.
1.do her daughters need to take an RMD this year ( i assume so) but also is it under her (deceased woman) RMD at her age or daughters
2. what s recommended to preserve the “stretch” for 3 daughters?
jay w
Permalink Submitted by Jose Morales on Thu, 2008-08-21 20:47
Did the client elect to treat the husband’s IRA as her own or did she maintain it as a beneficiary IRA? Her beneficiary election and the age of her husband and herself would go a long way in clarifying what options the daughters have and what requirements they may be subject to.