Discussion:Inherited ira
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| Revision as of 15:03, 9 July 2008 PHIL MOODY (Talk | contribs) (Yes, have the es) ← Previous diff |
Revision as of 17:48, 9 July 2008 Dingodile (Talk | contribs) (Was the trust la) Next diff → |
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| By the way, I would disagree with the bank's interpretation. | By the way, I would disagree with the bank's interpretation. | ||
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| + | {{ForumReplyPost|UserID=Dingodile|Date=9 July 2008|Text=Was the trust lawfully created, ie notarized signatures of all trustors and trustees? If, so then the bank is correct and the successor trustee(s) can complete any documents required. Otherwise, the Will is the governing document.}} | ||
Revision as of 17:48, 9 July 2008
Discussion Forum Index --> Advanced Tax Questions --> Inherited ira
Discussion Forum Index --> Tax Questions --> Inherited ira
D MARWHITE (talk|edits) said: | 9 July 2008 |
| Deceased named trust as beneficiary. Problem is that wife predeceased and trust was never funded/activated. Deceased never changed beneficiary on IRA account. The bank holding the IRA account says the money must be distributed to the estate. There are 3 individual beneficiaries under the will. Any advice? | |
PHIL MOODY (talk|edits) said: | 9 July 2008 |
| Yes, have the estate hire an attorney.
The beneficiaries under the will may not be the same as those under the trust. By the way, I would disagree with the bank's interpretation. | |
| 9 July 2008 | |
| Was the trust lawfully created, ie notarized signatures of all trustors and trustees? If, so then the bank is correct and the successor trustee(s) can complete any documents required. Otherwise, the Will is the governing document. | |
