Beneficiary Designation of Trust

[buckaroo]

I know that a trust can be named as a beneficiary designation. I also know that there are some requriements to name a trust. one of which is that the required documentation has been provided to the plan administrator.

1) I beleive that a trust ID may be one of the pieces of "required documentation". Is this correct? Is this true for all trusts?

2) Can anyone tell me what the entire list of "required documentation" is?

3) Is there a good reference I can read more about this subject?

4) Are there any citations and can be provided?

Thanks in advance.

[Bird]

The requirements are here: IRS Pub 590

The relevant part is:

The IRA trustee, custodian, or issuer has been provided with either a copy of the trust instrument with the agreement that if the trust instrument is amended, the administrator will be provided with a copy of the amendment within a reasonable time, or all of the following.

1. A list of all of the beneficiaries of the trust (including contingent and remaindermen beneficiaries with a description of the conditions on their entitlement).

2. Certification that, to the best of the owner's knowledge, the list is correct and complete and that the requirements of (1), (2), and (3) above, are met.

3. An agreement that, if the trust instrument is amended at any time in the future, the owner will, within a reasonable time, provide to the IRA trustee, custodian, or issuer corrected certifications to the extent that the amendment changes any information previously certified.

4. An agreement to provide a copy of the trust instrument to the IRA trustee, custodian, or issuer upon demand.

The list is a little incomplete because the trust must also dictate that income be distributed for the trust beneficiary to be treated as the bene for RMD purposes.

[buckaroo]

Thank you for the information. I greatly appreciate it.