IRA

I assume you want to cash in your IRA and place the money in a trust?

You can do that, but the cash-in is considered receipt of distributions, a taxable and reportable event. If below age

You could make the trust the beneficiary of your IRA, and when you die, the trust will own it, but that greatly complicates if not eliminates for thetrust;s beneficiary the ability to later receive distributions from the IRA over the true intended trust beneficiary's lifetime. So a bad idea.

Summary: I don't know how to get where you'd lke to go.

An IRA _is_ a trust. What are you really trying to do?

Seth

A properly set up trust becomes a pass through, it should distribute at least the RMD based on the beneficiary's age, and maintains the integrity of beneficiary IRA process (i.e stretching the payments over that person's life)

IRA's don't go into a trust. You make the trust the beneficiary of the trust.

Thanks for all the replies. I contacted my lawyer for clarification. I did not want to cash in my IRA to fund the trust. Instead I updated the beneficiaries. ss