Designating Beneficiaries for Retirement Plans

A conundrum arises when a trust is named.

Almost every estate-planning client who walks through my door owns at least one qualified retirement plan asset, be it a typical 401(k) plan with her current employer or a traditional individual retirement account. A large percentage of this group has a majority of their net worth “tied up” in such accounts. As an estate-planning attorney, it’s my job to educate these clients on the most tax-efficient way to transfer such wealth to their beneficiaries, while taking into

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.