Transferring IRAs Out of  Estates and Trusts

Transferring IRAs Out of Estates and Trusts

How to distribute benefits in the most tax-efficient manner

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. 

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