Why a Trusteed IRA May Be Riskier Than a Trust as IRA Beneficiary
Aug 14, 2017
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By Michael Kitces, MSFS, MTAX, CFP, CLU, ChFC
Having a standalone trust drafted to be the beneficiary of a retirement account can provide more flexibility, more robust spendthrift and asset protection for future beneficiaries, and potentially more estate planning strategies than a trusteed IRA.