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Subject:  Re: Estate question Date:  6/20/2012  8:19 PM
Author:  TMFPMarti Number:  116307 of 127753

Yes, all of the accounts, even the rollover IRA, were set up and aptly named TOD and the beneficiary's names.

I hope your memory's faulty, because if someone somehow managed to set up an account that way it would likely work to the disadvantage of the beneficiaries.

Once again passive voice is driving me crazy. Are we talking about a real situation or a hypothetical? Also, are we talking about income tax or estate tax? I thought at first you were talking about estate tax, but your last post makes me think income tax.

If this is a real situation and you have access to the account papers go look at them. There should be no hint of "TOD" in the title of an IRA. If there is, you need to fix it.

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