Inherited IRA/s

[Guest nikomendy]

beneficiary inherits a regular IRA. Deceased

owner was older than 70 1/2 and already taking,

(yearly recalulated) minimum distribution amounts.

assuming the beneficiary, is younger than 70 1/2,

what are the beneficiarys' options as far as

continung to take distibutions ?

may the beneficary, younger than 70 1/2, have

the inherited ira placed in his/her name,

and take distibutions based only on his/her

life expectency ?

Under what circumstances is the beneficary

required to take all of the ira distributions,

in a "short time period" ? 1 year ?

5 years ? etc. as opposed to lifetime of beneficary ?