Key Takeaways:
- Your choice of beneficiary(s) for your IRA can have major tax consequences. Choose wisely with your advisor’s counsel.
- Leaving your IRA to an individual is a simple and flexible solution.
- Leaving your IRA to a trust is more complex and requires the advice of an experienced estate attorney.
Written By: Ryan Bornstein, J.D., LL.M
Published By: Independent Thought Blog