Wills, Trusts & Estates Prof Blog

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

Wednesday, March 30, 2016

Preparing For The End Of The Stretch IRA

Applying onlineThe stretch IRA might be ending in the future and if that happens a non-spouse beneficiary of an IRA will be required to pay the full income tax on an inherited IRA within five years of the IRA owner’s passing.  This article discusses some of the ways that people can act to mitigate the end of the stretch IRA.  There are many financial experts who believe that Roth IRA conversions deserve some serious considerations.  One of the problems though is that proposed legislation might also be targeting these sorts of Roth conversions.  There are also life insurance options that this article discusses which people should consider.  It is a good idea for people who will be impacted by the proposed changes to speak with an experienced estate planning professional about their situation.

See James Lange, Mitigating the Death of the Stretch IRA, Wealth Management, March 30, 2016.


Elder Law, Estate Planning - Generally, Income Tax, Non-Probate Assets, Trusts, Wills | Permalink


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