Naming a Trust as the Beneficiary of your IRA –Is an Accumulation or a Conduit Trust Right for You?
By: Kevin M. Helmich, Esq. Naming a trust as a beneficiary of an IRA is quite complicated. If you do it wrong, you can trigger total distribution of the retirement account within 5 years of the date of death. This would accelerate the recognition of income on the retirement account. With [...]