IRA - Trust Beneficiary

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • Tax Sleuth
    Senior Member
    • Aug 2012
    • 123
    #1

    IRA - Trust Beneficiary

    If you make your revocable living trust a beneficiary of your IRA, does this also mean your living trust has become simultaneously "funded" with the assets of your IRA?
    Tags: None
    • Burke
      Senior Member
      • Jan 2008
      • 7068
      #2
      Not really. At least not until the IRA owner dies and the funds are paid to it. The bene can be changed at any time on the contract while the owner is living.
      Last edited by Burke; 09-02-2016, 03:10 PM.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...