Decedent changed substantial IRA beneficiary designation to name his mental health therapist who he was having an illicit relationship with during his treatment. T.Rowe Price IRA beneficiary designation mixes up therapist's first and middle name and does not include date of birth and social security number. The form was submitted online, but seemingly "accepted" by T.Rowe Price. Therapist wants to claim the money.
TRP did freeze the account pending litigation. Does anyone know if this stays RMD requirements or the 9-month disclaimer? What is your experience with incomplete beneficiary designation forms?
