When an individual retirement account is payable to an estate or a trust that pays outright to beneficiaries, the fiduciary will naturally wish to distribute the benefits in the most tax-efficient manner to effectuate the closing of the estate or trust. Making an in-kind distribution to inherited IRAs for the benefit of the beneficiaries is the way to meet this objective.
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]
0 comments
Hide comments