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Naming trust as IRA/ret plan beneficiary


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Hi does anyone see a drawback to naming your revocable trust as the beneficiary or your IRA or retirement plan? I seem to recall hearing negative things about doing so, but if the trust is the beneficiary, the trust will then direct the distributions. Unless the drawback here is that you're paying a trustee potentially to do the distribution for you instead of e.g. naming both kids as the beneficiaries.

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There are some drawbacks if the trust is not a "see-through" trust. Do a google search.

Off hand, a trust as beneficiary might be advisable while the kids are young.

Hire a lawyer who is familiar with trusts as beneficiaries.

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