ombskid Posted December 13, 2007 Posted December 13, 2007 Person is beneficiary of an inherited IRA. He dies after he has been taking RMD's. Estate is beneficiary. Can the estate continue to take distributions in same manner as he was?
BPickerCPA Posted December 14, 2007 Posted December 14, 2007 The law says the estate, or the eventual heirs, can continue taking on the same schedule. But some custodians don't permit it, which is their right. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com
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