should IRA accounts be held in the name of "Joe Dokes, Trustee of the Joe Dokes Living Trust"?
IRA accounts and living trusts
Feb 24, 2009
2 Replies
On Feb 24, 8:17 am, "Gil Faver"
I am working with a Trust Attorney right now to help a client. The non-IRA assets are getting put into the living trust now. The IRAs have the trust listed as beneficiary. Upon death, it's treated as a beneficiary IRA with the withdrawal requirements (RMDs) same as if not within the trust, but larger withdrawal can be made based on the terms of the trust.
Joe
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