Long-term capital gains and distributions from traditional individual retirement accounts (IRAs) exist in separate constellations of the tax universe.1 But there is at least one convergence: If a trust is named as a beneficiary of an IRA, after the IRA owner dies, beneficiaries of that trust might be able to realize long-term capital gains by selling an interest in the trust. But the sellers must have held the trust interest for more than one year. This should be the result even if the ...

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