The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/ira-401k-insurance-beneficiary-10521628.aspx

Subject:  IRA, 401k, Insurance Beneficiary Date:  1/14/1999  7:24 AM
Author:  gteton Number:  8377 of 121585

Currently I have my wife set up as the beneficiary to my 401K, IRA and insurance policies. Since these were originally set up, kids have come along. Value of these total more than the $625K exclusion. To protect the exclusion amount, I have been considering an A/B trust and assigning it as the beneficiary to these accounts. Does this make sense? Are there some tax potholes to setting things up in this manner? And is this the most logical apporach with minors involved?

Thanks!
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us