Recorded July 25, 2017
Retirement accounts like IRAs make up a significant portion of most people’s total assets. However, many clients are unaware of the strict rules governing the treatment of IRAs once they are inherited or how the rules can change depending on the choice of beneficiary. Careful estate planning with your clients can lessen tax consequences, protect IRA assets from creditors, and/or ensure beneficiaries receive distributions for an extended period of time.
This practical webcast will examine the functions of IRAs in estate planning, including the differences between naming spouses, non-spouses, or trusts as beneficiaries, and give you information and strategies for advising your clients on using IRAs to accomplish their estate planning goals.
- The role of the designated beneficiary
- Understanding required minimum distributions
- Issues with multiple beneficiaries
- Naming a trust as the beneficiary
- Requirements to have a trust qualified
Continue by clicking on the following link: