Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, December 27, 2013

Consider Trusteed IRAs


If you’re considering leaving your IRA to your kids but worry they’ll blow the tax advantages involved, you might want to use a tool called a trusteed IRA. 

Trusteed IRAs are designed to provide for a long-term distribution plan for withdrawals.  By limiting withdrawals to a minimum amount, IRA owners can prevent beneficiaries from immediately spending down the accounts.  Trusteed IRAs may cost more to administer than plain IRAs, but they are cheaper than setting up a trust and less likely to run afoul of various tax rules.

See Kelly Greene, Trusteed IRAs Can Help Heirs Manage Inheritance, Market Watch, Dec. 19, 2013.


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